Aramus shareholders increase price in tender offer

The main shareholders of listed on the small-cap NewConnect market Aramus, Piotr and Konrad Sumara have increased their tender offer to PLN 1.4 per share from the previous PLN 1.28 price tag. Sumaras are tendering over 1.8 million shares representing a 21.69 percent stake.

Both shareholders currently own 38.64 percent stake and plan to increase it so they will be able to delist the company.

Subscriptions have started on October 9 and will run till November 16.

Aramus is a real estate company that deals in property management and renting.

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