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Synthos SA (SNS.WA)

SNS.WA on Warsaw Stock Exchange

4.89PLN
15 Jan 2018
Change (% chg)

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4.89zł
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4.16zł

Latest Key Developments (Source: Significant Developments)

FTF Galleon Raises Its Stake In Synthos To 89.14 pct
Friday, 19 Jan 2018 10:27am EST 

Jan 19 (Reuters) - Synthos SA ::FTF GALLEON RAISES ITS STAKE IN THE COMPANY TO 89.14 PERCENT FROM 83.04 PERCENT.THE COMPANY'S SHARES HAVE BEEN ACQUIRED UNDER THE SQUEZZE OUT PROCEDURE.FTF GALLEON ANNOUNCED A MANDATORY SQUEEZE-OUT OFFER FOR 80.7 MLN OF THE SYNTHOS SHARES REPRESENTING ABOUT 6.1 PCT STAKE ON JAN. 16 nL8N1PB1SZ.  Full Article

FTF Galleon Announces Mandatory Squeeze-Out For Synthos Shares At 4.93 Zloty/Shr
Tuesday, 16 Jan 2018 04:06am EST 

Jan 16 (Reuters) - SYNTHOS SA :FTF GALLEON HAS ANNOUNCED A MANDATORY SQUEEZE-OUT OFFER FOR 80.7 MLN OF THE SYNTHOS <<>> SHARES REPRESENTING ABOUT 6.1 PCT STAKE, SAID THE TRANSACTION INTERMEDIARIES DM PKO BP AND PEKAO IB.THE SHARES ARE TO BE PURCHASED AT 4.93 ZLOTYS PER SHARE AND SUBSCRIPTION IS PLANNED FROM JAN. 16 TO JAN. 19.FTF GALLEON, THE UNIT OF MICHAL SOLOWOW, ALREADY OWNS 83.04 PERCENT OF SYNTHOS .MICHAL SOLOWOW THROUGH ITS UNITS OWNS 93.9 PERCENT STAKE IN THE COMPANY'S SHARE CAPITAL.FTF GALLEON ANNOUNCED THE TENDER OFFER IN OCT., OFFERING 4.78 ZLOTY PER SHARE FOR A STAKE REPRESENTING A 37.54 PERCENT OF VOTES IN THE COMPANY.THE PRICE WAS RISEN TO 4.93 ZLOTYS IN DEC. nFWN1OD0VM.  Full Article

Synthos To Vote On Withdrawing Its Shares From Trading on WSE
Tuesday, 9 Jan 2018 09:50am EST 

Jan 9 (Reuters) - SYNTHOS SA ::ITS SHAREHOLDERS TO VOTE ON FEB. 6 ON REMATERIALISATION OF CO'S SHARES.SHAREHOLDERS TO VOTE ON WITHDRAWING CO'S SHARES FROM TRADING ON WARSAW STOCK EXCHANGE.  Full Article

Play To Replace Synthos In WIG30
Thursday, 28 Dec 2017 01:55am EST 

Dec 27 (Reuters) - Warsaw Stock Exchange (WSE)::SAID ON WEDNESDAY THAT PLAY COMMUNICATIONS <<>> WILL REPLACE SYNTHOS <<>> IN WIG30 INDEX .WIG30 AFTER THE END OF THE TRADING SESSION ON DEC. 29 .ALSO AFTER THE LAST TRADING SESSION IN 2017, LIVECHAT <<>> SHARES WILL BE ADDED TO MWIG40 INDEX .mWIG40.THE SHARES OF AILLERON <<>> AND LUBAWA <<>> WILL BE ADDED TO SWIG80 INDEX .SWIG80 AND SHARES OF PBG SA <<>> WILL BE EXCLUDED FROM THE INDEX.  Full Article

416 Mln Shares Tendered In Bid For Remaining Stake In Synthos
Thursday, 21 Dec 2017 06:59am EST 

Dec 21 (Reuters) - SYNTHOS SA ::415.97 MILLION SHARES WERE TENDERED IN A TENDER OFFER FOR 496.7 MILLIONS OF SYNTHOS SHARES, THE INTERMEDIARIES IN THE TRANSACTION, DM PKO BP AND PEKAO INVESTMENT BANKING SAID.FTF GALLEON ANNOUNCED THE TENDER OFFER IN OCT., OFFERING 4.78 ZLOTY PER SHARE FOR A STAKE REPRESENTING A 37.54 PERCENT OF VOTES IN THE COMPANY.THE PRICE WAS RISEN TO 4.93 ZLOTYS IN DEC. nFWN1OD0VM.FTF GALLEON IS AN ENTITY AFFILIATED WITH MICHAL SOLOWOW, THE POLISH BILLIONAIRE WHO VIA HIS VEHICLE FTF GALLEON PLANS TO INCREASE ITS STAKE IN THE COMPANY TO 100 PCT FROM 62.5 PCT nFWN1N11FN.  Full Article

FTF Galleon Ups Price In Tender Offer For Synthos Shares To 4.93 Zloty/Shr
Wednesday, 13 Dec 2017 11:49am EST 

Dec 13 (Reuters) - SYNTHOS SA :FTF GALLEON UPS PRICE IN TENDER OFFER FOR SYNTHOS SHARES TO 4.93 ZLOTY PER SHARE FROM 4.78 ZLOTY PER SHARE.  Full Article

Management says purchase price in tender offer reflects fair value of Synthos
Thursday, 16 Nov 2017 04:54am EST 

Nov 16 (Reuters) - SYNTHOS SA ::ITS MANAGEMENT SAID ON WEDNESDAY THAT PURCHASE PRICE OF 4.78 ZLOTY PER SHARE IN TENDER OFFER REFLECTS FAIR VALUE OF THE COMPANY.  Full Article

Synthos Q3 net profit down at 10 million zlotys
Wednesday, 15 Nov 2017 12:22pm EST 

Nov 15 (Reuters) - SYNTHOS SA :Q3 NET PROFIT 10 MILLION ZLOTYS VERSUS 81 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 1.73 BILLION ZLOTYS VERSUS 1.20 BILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 92 MILLION ZLOTYS VERSUS 93 MILLION ZLOTYS YEAR AGO.9-MONTH NET PROFIT 340 MILLION ZLOTYS VERSUS 189 MILLION ZLOTYS YEAR AGO.  Full Article

Synthos says assets impairment to impact Q3 net result by 119 mln zlotys
Wednesday, 15 Nov 2017 11:40am EST 

Nov 15 (Reuters) - SYNTHOS SA :SAYS ASSETS IMPAIRMENT TO IMPACT Q3 NET RESULT BY 119 MILLION ZLOTYS, AFTER TAX EFFECT‍​.  Full Article

Polish billionaire calls tender offer for remaining stake in Synthos
Thursday, 26 Oct 2017 11:45am EDT 

Oct 26 (Reuters) - Synthos :Owner of a 62.5-percent stake in Polish chemical producer Synthos, Michal Solowow, calls tender offer for all of the remaining shares in the company via his vehicle FTF Galleon, brokerages DM PKO BP and Pekao IB say in statement.FTF Galleon offers ‍​4.78 zlotys for each of 497 million Synthos shares.Synthos shares closed Thursday session at 4.79 zlotys, up 1.1 percent..  Full Article

BRIEF-Play To Replace Synthos In WIG30

* SAID ON WEDNESDAY THAT PLAY COMMUNICATIONS WILL REPLACE SYNTHOS IN WIG30 INDEX AFTER THE END OF THE TRADING SESSION ON DEC. 29