Mespila announces mandatory squeeze-out of Paged shares

The majority shareholder in WSE-listed wood processor Paged, Mespila Investments announced the mandatory squeeze-out of the remaining freefloat shares. The owner will buy nearly 10 percent of Paged shares at PLN 59 apiece. The squeeze-out will be conducted on October 17. Mespila recently increased its stake to over 90 percent after the successful tender offer where it acquired some 35.1 percent stake in the company.