October 18, 2018 / 8:07 AM / a month ago

BRIEF-Minimum Threshold In Tender Bid For Protektor Shares Not Reached

Oct 18 (Reuters) - PROTEKTOR SA

* UNTIL OCT. 16 INVESTORS HAVE SUBSCRIBED TO SELL ABOUT 0.7 MILLION OF CO’S SHARES IN TENDER OFFER ANNOUNCED BY LUMA HOLDING LIMITED

* THE MINIMUM NUMBER OF SHARES IN TENDER WAS SET AT 3.3 MLN SHARES

* HENCE THE OFFEROR WILL NOT BUY THE SHARES

* LUMA HOLDING ANNOUNCED TENDER OFFER FOR 6.3 MLN OF PROTEKTOR’S SHARES AND SUBSEQUENTLY RAISED THE PRICE IN TENDER TO 5 ZLOTY FROM 4.2 PER SHARE

Source text: bit.ly/2J7GPRa

Further company coverage: (Gdynia Newsroom)

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