Vilnius, Lithuania, 2015-12-15 15:45 CET (GLOBE NEWSWIRE) -- On 15 December 2015 City Service SE (hereinafter, the “Company”) received a notification from its shareholder UAB “ICOR” about the decision of the Bank of Lithuania, adopted on 14 December 2015, to approve the circular of a tender offer, aimed at delisting the shares of the Company from trading on AB NASDAQ OMX Vilnius. UAB “ICOR” has also provided to the Company a summary of circular (both documents are attached hereby).
The tender offer price is EUR 1.715 per 1 (one) ordinary registered share of the Company EUR 0.30 par value each (ISIN code EE3100126368). Commencement of the implementation of the tender offer is on 18 December 2015, termination – on 31 December 2015.
Comprehensive conditions of the tender offer are presented in the circular and in the summary of circular attached (please see the annexes).
Annexes:
1. Circular of the tender offer, aimed at delisting the shares of the Company from trading on AB NASDAQ OMX Vilnius, approved by the Bank of Lithuania on 14 December 2015.
2. Summary of circular of the tender offer, aimed at delisting the shares of the Company from trading on AB NASDAQ OMX Vilnius.
Vilius Mackonis,
Director of Marketing and Communication Department
+ 370 5 239 4900
