December 27, 2017 / 5:30 PM / a year ago

BRIEF-Gaz Sends Mandatory Tender Offer To Avtodiesel Yaroslavl Motor Works

Dec 27 (Reuters) - GAZ:

* SENDS MANDATORY TENDER OFFER TO AVTODIESEL YAROSLAVL MOTOR WORKS

* PROPOSED PRICE IS RUB 905.46 FOR ORDINARY SHARE OR A PRICE PROPOSED BY INDEPENDENT APPRAISER AND RUB 753.21 FOR PREFERRED SHARE PROPOSED BY INDEPENDENT APPRAISER

* SAYS TO BUY NO MORE THAN 76,252 ORDINARY SHARES AND NO MORE THAN 122,022 PREFERRED SHARES

Source text: bit.ly/2DliFOM

Further company coverage: (Gdynia Newsroom)

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