LAP: Conclusion on mandatory takeover bid
On 4th February, 2015 information is published in the official journal „Latvijas Vestnesis” according to the paragraph four of the Article 73 of the Financial Instrument Market Law.
The redemption price of one share of joint stock company „LIEPAJAS AUTOBUSU PARKS” is stated in the amount of EUR 6,54.
The board of joint stock company „LIEPAJAS AUTOBUSU PARKS” has assessed the compulsory stock redemption offer of limited liability company „LAP1R” and admits that the offer corresponds to laws and regulations.
Limited liability company „LAP1R” has acquired 49,99% of joint stock company’s „LIEPAJAS AUTOBUSU PARKS” shares. The board of joint stock company „LIEPAJAS AUTOBUSU PARKS” is of the opinion that there will be no changes after the compulsory stock redemption offer, taking into account that this shareholder will continue started activities of the company and concluded contracts of employment. Therefore joint stock compan „LIEPAJAS AUTOBUSU PARKS” will continue the commercial activity at the same place and extent.
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