Brief: Three Pension Funds Say Will Not Sell Tarczynski's Shares In Tender Offer At 14 Zlotys

Tarczynski SA

27/02/2018 09:33

Feb 27 (Reuters) - TARCZYNSKI SA  TARP.WA  
    * SAID ON MONDAY THAT IT HAS RECEIVED A STATEMENT FROM 
PENSION 
FUNDS IN RELATION TO A TENDER OFFER FOR THE COMPANY'S SHARES 
LAUNCHED BY EJT INVESTMENT S.A.R.L 
    * THE FUNDS, AVIVA OFE AVIVA BZ WBK, NATIONALE-NEDERLANDEN 
OFE, 
PZU "ZLOTA JESIEN" OFE, SAID THE PRICE OF 14.0 ZLOTY PER SHARE 
IN TENDER OFFER DOES NOT REFLECT THE COMPANY'S FAIR VALUE 
    * THE FUNDS SAID THAT THEY WILL NOT SELL THE COMPANY'S 
SHARES AT 
THE PRICE SET BY EJT INVESTMENT 
    * "THERE IS NO FORMAL POSSIBILITY OF RAISING THE PRICE 
BEFORE THE 
END OF THE DEADLINE FOR SUBMITTING SUBSCRIPTIONS IN THE TENDER 
OFFER, I.E. BEFORE FEB. 28, THEREFORE THE PRICE OF 14.0 ZLOTY 
PER SHARE IS OUR FINAL OFFER", DAWID TARCZYNSKI DIRECTOR AT EJT 
INVESTMENT SAID 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8zznjfa 
     
 Further company coverage:  TARP.WA   
    
 
 
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