The period for acceptance of the Tender Offer is changed to 46 days from the date of publication of the Tender Offer in the two central daily newspapers, as described in Section 15 of the Tender Offer. The period for acceptance of the Tender Offer expires on 15.09.2017. inclusive.
TENDER OFFER FROM TBI BULGARIA EAD TO THE SHAREHOLDERS OF ZAD BULSTRAD VIENNA INSURANCE GROUP
Under Article 149a para 1 in conjunction with para 2 of the Public Offering of Securities Act (“POSA”) and in accordance with the terms of Regulation №13 for Tender Offer for Acquisition and Exchange of Shares, TBI Bulgaria EAD make Tender Offer for the acquisition of 19,559 (nineteen thousand five hundred fifty nine) ordinary dematerialized, registered freely transferable shares of ZAD Bulstrad Vienna Insurance Group.
The price per Share offered by the Tender Offerer in this Tender Offer, namely BGN 44.78 (forty four Bulgarian levas and seventy eight stotinki)
- Start for the acquisition of shares– 01/08/2017
- End for the acquisition of shares – 28/08/2017
The Tender Offer can be accepted only with the explicit written declaration and the deposition of the legally required documents for ownership of the shares from the capital of Bulstrad to an investment intermediary.
The deadline for the payment of the price is within 7 days after the conclusion of the transaction. The transaction is considered concluded at the moment of expiration of the Tender Offer or the extended period for acceptance, described in section 7, in case the Shareholder hasn’t withdrawn if before that.