Soho Development to acquire 7.96 million shares for PLN 26 mln

Soho Development has made a preliminary decision on the announcement of another purchase of its own shares and plans to acquire 7,957,000 shares at PLN 3.27 per share, the company said in a statement.

The company said that it would allocate PLN 26 million for this purpose. It intends to finance the purchase of shares with funds from the sale of real estate of PZO Factory and funds from completed development investments.

The planned transaction and settlement will take place on July 4, 2018.

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