2016

15.02.2016 all news

Amber Beverage Group annouces voluntary buyout offer for LB shareholders

In accordance with Finance and Capital Markets Commission decision no.41 from February 10, 2016 Amber Beverage Group – the shareholder of AS Latvijas balzams – extends voluntary share buyout offer of shares of AS Latvijas balzams starting from February 16, 2016.

Information about offer:

1.    Target Company is AS Latvijas balzams, unified registration number: 40003031873, registered address: A.Čaka iela 160, Rīga, LV-1012, Latvia, phone: 6708121367081303, e-mail: office@lb.lv, URL: www.lb.lv.
2.    Offerer is Amber Beverage Group, unified registration number: 40103839550, registered address: A.Čaka iela 160, Rīga, LV-1012, Latvia, 67081213 e-mail: office@amberbev.com, URL: www.amberbev.com.
As of the date of signing the Prospectus, the Offerer owns 6 746 460 (six million seven hundred fourty-six thousand four hundred sixty) shares or 89.99% of joint stock company Latvijas balzams.
3.    Buyout price is EUR 9.00 per share.
The buyout price offer is almost three times higehr than average weighted price of AS Latvijas balzams shares over the period of last five years ranging EUR 3.00-3.50 till December, 2015.
4.    The offer is valid for 30 calendar days commencing on February 15, 2016 by March 16, 2016 inclusive.

Detalized information about the offer is avaiable on www.nasdaqbaltic.com and on company website page, section For Investors - Prospectus.

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