Analyst Research

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Provider: Wright Reports
Provider: Reuters Investment Profile

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Belships ASA Updates on Mandatory Offer by Sonata AS

Friday, 30 Aug 2013 02:26am EDT 

Belships ASA announced, with reference to the offer document dated August 19, 2013 (the Offer Document) regarding the mandatory offer (the Offer) to acquire all outstanding shares in the Company made by Sonata AS (the Offeror), with acceptance period from August 19, 2013 to and including 16:30 CET on September 16, 2013 (subject to extension), that on August 29, 2013, the Offeror received acceptances under the Offer for 1,000 shares of the Company. Following this, the Offeror has received acceptances for a total of 20,949 shares representing approximately 0.04% of the shares and votes in the Company. Together with the 28,584,284 shares already held by the Offeror, the Offeror will, at completion of the Offer, hold 28,605,233 shares, representing 60.4% of all the issued shares of the Company. 

Company Quote

-0.05 -0.92%
21 Jul 2014