Research (J&T BANKA)
Czech markets  |  March 20, 2013 09:28:10

AAA Auto will launch April 2 purchase, the price of the higher of the weighted averages of 180 or 360 days

AAA Auto today released more details of the planned withdrawal of its shares of the Prague Stock Exchange. The firm said that the attempt to A. Denny majority owner to sell his stake in the company showed that potential investors prefer to enter into a private company, which has dispersed ownership. Therefore, the majority shareholder initiated the withdrawal of shares from the stock exchange. The company said that redemption should start 4.2 and finish 06.03 Downloads shares from trading on the PSE should be 6.28 Repurchase price should follow the volume weighted average price for 180 or 360 days (whichever is greater) before deciding on retirement.This decision should be made at the Extraordinary General Meeting 03.29

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