Market announcement
AS Silvano Fashion Group
LEI code
529900JNG41RRJKJYB65
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
11312
Submission date and time
05.07.2024 23:59:00
Content of announcement in Estonian
Title
Teade
Message
07.05.2024 avalikustas AS Baltplast (Eestis registreeritud äriühing registrikoodiga 10029370, ?Ülevõtja") Nasdaq Tallinna Börsi infosüsteemi kaudu teate kavatsusest teha vabatahtlik ülevõtmispakkumine kõigile Aktsiaseltsi Silvano Fashion Group aktsionäridele (?SFG") kõigi SFG aktsiate, mis ei kuulu Ülevõtjale, omandamiseks (?Pakkumine"). Vastav börsi teade on kättesaadav siin - https://view.news.eu.nasdaq.com/view?id=b0e2ae1e2987071994fffc27c84825a17&lang=e t&src=notices. SFG-le teadaolevalt ei ole Ülevõtja kavatsus muutunud, aga kuivõrd Pakkumise finantseerimise korraldamine võttis oodatust kauem aega, lõpetati Pakkumise kooskõlastamise menetlus Finantsinspektsioonis Ülevõtja taotluse alusel. Ülevõtja kavatseb esitada Finantsinspektsioonile uue taotluse Pakkumise kooskõlastamiseks esimesel võimalusel.
Content of announcement in English
Title
Notice
Message
On 07.05.2024 AS Baltplast (a company registered in Estonia under register code 10029370, the ?Bidder") published information via the information system of Nasdaq Tallinn Stock Exchange on its intention to make a voluntary take-over bid to all the shareholders of Aktsiaselts Silvano Fashion Group (?SFG") for acquiring all the shares of SFG, which are not owned by the Bidder (the ?Bid"). Respective stock exchange news is available here - https://view.news.eu.nasdaq.com/view?id=b0e2ae1e2987071994fffc27c84825a17&lang=e t&src=notices. To the knowledge of SFG, the Bidder's intention has not changed but since the arranging financing for the Bid took more time than initially expected the proceedings of the approval of the Bid by the Financial Supervision Authority were terminated upon the application of the Bidder. The Bidder intends to submit a new application for the approval of the Bid to the Financial Supervision Authority as soon as practically possible.