The asset management company of the Citadele Group, IPAS CBL Asset Management, on behalf of the state-funded pension plan CBL Aktivais, which it manages, has expressed its readiness to purchase a significant part of the initial public offering (IPO) shares of AS APF Holdings (APF).
Taking into account that after the decision of the Rural Support Service for 2 mln. the availability of euro financing APF for the implementation of future plans, the amount that needs to be raised in the IPO offer may be reduced, as well as CBL Asset Management the size of the transaction, a lower price will be applied to the shares of the IPO offer than was originally announced for the IPO process and it will be 5.11 euros per share. In order to respect the equal rights of all investors, the new price of 5.11 euros will be applied to all IPO transactions, that is, both to those investors who have already subscribed to the shares, and to those who will still subscribe to the shares offered in the IPO until the end of the IPO.
2023-10-30 11:46:57
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