03.12.2014, 21:21
Trading in AS Jarvevana shares is terminated
OREANDA-NEWS. CORRECTION: Termination of trading in AS Jarvevana Shares from Secondary List.
Corrected the trading suspension date.
Listing and Surveillance Committee decided on December 3, 2014 to approve the application of AS Jarvevana and to terminate the trading in shares (ticker: JRV1T, ISIN code: EE3100003559) in Secondary list operated by NASDAQ OMX Tallinn AS starting from the next day after the Estonian CSD has transferred the minority shares to majority shareholder.
Voluntary takeover bid on AS Jarvevana shares was launched on August 18, 2014 and it closed on September 15, 2014. As a result of the voluntary takeover bid AS Riverito owns 97.51% of AS Jarvevana shares. AS Jarvevana shareholders approved the takeover of shares at the extraordinary general meeting of shareholders on October 30, 2014.
Squeeze-out of minority shares will be conducted on December 5, 2014 when Estonian CSD will transfer the minority shares of AS Jarvevana to the majority shareholder - AS Riverito. Therefore the trading in Jarvevana shares is suspended as of tomorrow, December 4, 2014.
Corrected the trading suspension date.
Listing and Surveillance Committee decided on December 3, 2014 to approve the application of AS Jarvevana and to terminate the trading in shares (ticker: JRV1T, ISIN code: EE3100003559) in Secondary list operated by NASDAQ OMX Tallinn AS starting from the next day after the Estonian CSD has transferred the minority shares to majority shareholder.
Voluntary takeover bid on AS Jarvevana shares was launched on August 18, 2014 and it closed on September 15, 2014. As a result of the voluntary takeover bid AS Riverito owns 97.51% of AS Jarvevana shares. AS Jarvevana shareholders approved the takeover of shares at the extraordinary general meeting of shareholders on October 30, 2014.
Squeeze-out of minority shares will be conducted on December 5, 2014 when Estonian CSD will transfer the minority shares of AS Jarvevana to the majority shareholder - AS Riverito. Therefore the trading in Jarvevana shares is suspended as of tomorrow, December 4, 2014.
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