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BRIEF-Fedha buys 15.1 mln of Vantage Development shares in tender offer
March 31, 2017 / 12:58 PM / in 7 months

BRIEF-Fedha buys 15.1 mln of Vantage Development shares in tender offer

March 31 (Reuters) - Vantage Development SA

* Fedha sp. z o.o. (Fedha) has bought 15.1 mln shares in the tender bid for Vantage Development shares, the intermediary in the transaction DM PKO BP said on Thursday

* In Feb. Fedha announced the tender offer for 18,783,120 shares representing 30.08 pct stake in Vantage Development

* On March 24 Fedha hiked the price for the shares to 3.70 zlotys per share from 3.25 zlotys

Source text: bit.ly/2oiudPl

Further company coverage: (Gdynia Newsroom)

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