Brief: WP Holding Management Says Price In Tender Offer Meets Min. Price Requirements, But Is Below Lower Limit Of Fair Value Range
May 13 (Reuters) - Wirtualna Polska Holding SA WPPL.WA: SAID ON TUESDAY MANAGEMENT HAS STATED THAT PRICE OF 59 ZLOTYS PER SHARE PROPOSED IN TENDER OFFER LAUNCHED BY WIRTUALNA POLSKA HOLDING, ORFE, 10X, ALBEMUTH AND THEIR CONTROLLING SHAREHOLDERS COMPLIES WITH THE MINIMUM PRICE REQUIREMENTS, BUT IS BELOW THE LOWER LIMIT OF FAIR VALUE RANGE OF COMPANY'S SHARES IN THE OPINION OF THE MANAGEMENT, THE TENDER OFFER IS IN LINE WITH THE COMPANY'S INTERESTS Source text for Workspace: nEM65WKRta Further company coverage: WPPL.WA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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