Gekoplast announces squeeze out

K-Holding, through its subsidiary Sacellum has called a mandatory tender for 40,598 Gekoplast shares (0.67 percent stake) still in free-float at PLN 15.31 apiece, the company said in a market filing. The tender will start on February 16 and be finalized on February 21. Back in December, K-Holding, through a tender acquired 99.33 percent stake in Gekoplast and said it would seek to delist the company.