OREANDA-NEWS. Financial and Capital Market Commission (FCMC) on December 4, 2015 has accepted for further processing application for AS "VENTSPILS NAFTA" mandatory and final takeover bid by EUROMIN HOLDINGS (CYPRUS) LIMITED.

Information about the takeover bid:

EUROMIN HOLDINGS (CYPRUS) LIMITED, registration number HE 69529, registration date March 13, 1995, legal adress: 58 Arch Makarious III Avenue, Iris Tower, Office 602, Nikossia, Cyprus. On the day when prospectus of the takeover bid was signed (30.09.2015.) the offerer owned 103 421 373 (98,99%) of shares of the company.

Type of the share takeover bid: final takeover bid (which includes also mandatory takeover bid according to the Law on the Financial Instruments Market, Article 66, part (1), point 2).

The price of one share in prospectus is set at: EUR 4.56

Term of takeover bid: takeover bid for AS "VENTSPILS NAFTA" shares will last for 30 days, starting on the day when EUROMIN HOLDINGS (CYPRUS) LIMITED will publish official announcement in the official journal “Latvijas V?stnesis” informing about the takeover bid. The takeover offer will come in force only after the according decision is made by FCMC on allowing to announce the takeover bid.