Profil:
WP Holding SAWirtualna Polska Media extends acceptance of offers to sell Legimi shares until March 28
Listed media holding unit Wirtualna Polska Media is extending the acceptance of offers for the sale of e-books platform Legimi shares until March 28 at 5 pm local time, according to intermediary, BM mBank brokerage.
On February 18, Wirtualna Polska Media invited bids for the sale of no more than 428,044 shares in Legimi, representing a total of 26.45 percent of the share capital and 21.10 percent of the total number of votes.
The proposed purchase price was PLN 45.5 (EUR 10.89) per share. The acceptance of offers for the sale of shares started on February 20 and was expected to end on March 18, 2025, at 5 pm local time.
As of the date of the invitation, Wirtualna Polska Media held 507,682 ordinary bearer shares in Legimi, which represented a total of 31.37 percent of the share capital and entitled to exercise 25.03 percent of the total number of votes at the general meeting.
As reported, the maximum total amount allocated by the buyer for the acquisition of the shares was expected to be approximately PLN 19.5 million (EUR 4.7 mln).
Following the update, the expected date of publication of information on the final number of shares to be acquired is March 31, and the date of acquisition and transfer of ownership of the shares is April 1, 2025.
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