AAT Holding with buyback program
20:42
WSE-listed security system developer AAT Holding announced a purchase offer for 2,397,536 of its shares, representing 29.97 percent stake in the company, at PLN 23 apiece.
The shares will be purchased by AAT Holding or its subsidiary Polon.
The acquired shares may be designated for redemption, future acquisitions or investments. As stated, the purchase of shares may also take place in connection with the eventual delisting of the company's shares from the Warsaw Stock Exchange.
Subscriptions will start on February 22 and will run until March 2.
At end of trading day on Tuesday, AAT shares were worth PLN 22.6 apiece.