AAT Holding plans delisting
22:43
WSE-listed security system developer AAT Holding and its majority Lock Syndication, have signed an agreement regarding the withdrawal of the company's shares from trading on the Warsaw Stock Exchange, the company said in a market filing.
“In connection with the above, the company's Management Board intends to convene the Extraordinary General Meeting of the company in the coming days and recommend the adoption of Resolutions regarding purchase of up to 30 percent of the company's shares listed on the Warsaw Stock Exchange at PLN 19.50 per share,” AAT Holding said.
The agreement was concluded for a period of three years, but it will expire on the day of withdrawal of shares from trading on the WSE and restoring them to the form of the document.
In September, the company announced that Lock Syndication its parent shareholder began reviewing various strategic options related to the investment in the company and further development of its operations.