Baltika Breweries Received Offer from Baltic Beverages Holding
OREANDA-NEWS. June 5, 2012. Baltika Breweries received an offer that regards a voluntary purchase of registered ordinary shares and was made by Baltic Beverages Holding Aktiebolag, Carlsberg subsidiary.
The proposed price of equals to RUR 1550 per share.
The Voluntary proposal envisages three stages:
Shareholders’ applications from June, 1 to August 9, 2012
Share transfer from August 10 to 24, 2012.
Paying up of shares from August 25 to September 8, 2012.
The full text of the voluntary offer is available on the web site www.e-disclosure.ru, used by Baltic Beverages Holding Aktiebolag for disclosure and at the corporate web site of Baltika Breweries www.corporate.baltika.ru.
On June 1, 2012, the Board of Directors of Baltika Breweries will consider the voluntary proposal and adopt recommendations on it.
Currently, the Carlsberg Group share in Baltika capital is 84.72 percent. The offer is conditional upon the Carlsberg Group achieve more than 95% ownership of Baltika Breweries.