Baltika Breweries has been informed by Micex that its application for a delisting of its shares has been approved.
The last day of trading in Baltika Breweries shares on the Micex Stock Exchange will be 4 October 2012. After that date trading in the Baltika Breweries shares will no longer be possible on a stock exchange.
Carlsberg Group has launched its voluntary offer to purchase shares in Baltika Breweries on 1 June and the offer expires on 9 August. With the voluntary offer from the Carlsberg Group at RUB 1550 per share, Carlsberg Group has given the shareholders of Baltika Breweries the opportunity to sell their shares at a 26% premium to Baltika's share price on 19 February, the day prior to the public announcement of the intention to make a voluntary offer.
The offer price also represents a premium to the share buy-back undertaken in 2011, when the price was set at RUB 1407 per share.
Source: Carlsberg Group
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