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Lampsa Hellenic Hotels SA Announces Further Details Regarding Public Tender Offer


Tuesday, 11 Dec 2012 12:20pm EST 

Lampsa Hellenic Hotels SA announced that following its announcement dated November 30, 2012 regarding the tender offer for the purchase of 22,554 shares of the company EXCELSIOR A.D. BEOGRAD (equal to 29.17% of the share capital), on December 10, 2012, the Serbian Capital Commission approved the publication of intent of the public tender offer in a newspaper of Serbia. The Company's objective is to acquire 100% stake in subsidiary EXCELSIOR A.D. BEOGRAD through which controls the hotel Excelsior Hotel Beograd. The offering price per share 1,440 Serbian Dinars (equal to approximately EUR 12.65) and the offer is valid for 30 days, starting on December 11, 2012. 

Company Quote

18.8
0.31 +1.68%
8:08am EDT