Market announcement
AS Harju Elekter Group
LEI code
5299009GM96I0NYKWS93
Size of the entity
Large group
Economic activities
Real Estate Activities
Industry sector(s)
Credit rating agency
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
5986
Submission date and time
16.03.2017 08:58:19
Content of announcement in Estonian
Title
AS Harju Elekter nõustub PKC Group Oyj aktsiate ülevõtmispakkumisega
Message
ASi Harju Elekter nõukogu otsustas oma 16.3.2017 koosolekul aktsepteerida Motherson Sumi Systems Limited pakkumist PKC Group Oyj kõigi aktsiate ülevõtmiseks hinnaga 23,55 eurot aktsia kohta. ASile Harju Elekter kuulub 1 094 641 PKC Group Oyj aktsiat. Kui ülevõtmispakkumine realiseerub, tähendab see ASile Harju Elekter 25,8 miljoni euro laekumist 29.3.2017. Motherson Sumi Systems Limited ja PKC Group Oyj sõlmisid 19.1.2017 ühinemislepingu, mille kohaselt ühendatakse Motherson Sumi Systems Limited ja PKC Group Oyj juhtmeköidiste äritegevused. Ülevõtmispakkumine kestab 6.2.-21.3.2017. AS Harju Elekter on PKC Group Oyj aktsionär alates ettevõtte loomisest 1994.aastal. Andres Allikmäe Juhatuse esimees 674 7400 Koostas: Moonika Vetevool Kommunikatsiooni- ja investorsuhete juht 671 2761
Content of announcement in English
Title
AS Harju Elekter accepted a takeover bid for shares of PKC Group Plc
Message
At their meeting of 16 March 2017, the Supervisory Board of AS Harju Elekter decided to accept the offer by Motherson Sumi Systems Limited for the takeover of all the shares of PKC Group Plc at the price of EUR 23.55 per share. AS Harju Elekter owns 1,094,641 shares of PKC Group Plc. If the takeover is realised, it means that AS Harju Elekter will receive 25.8 million euros on 29 March 2017. Motherson Sumi Systems Limited and PKC Group Plc have on January 19, 2017 entered into a combination agreement under which they agree to combine the wiring harness businesses of Motherson Sumi Systems Limited and PKC Group Plc. The period of the takeover bid is from 6 February 2017 to 21 March 2017. AS Harju Elekter has been the shareholder of PKC Group Plc since the company’s founding in 1994. Andres Allikmäe Managing Director/CEO +372 6747 400 Prepared by: Moonika Vetevool Corporate communication and investor relations manager +372 671 2761