Paged mulls delisting

Mespila Investments Limited, the main shareholder of the WSE-listed of plywood producer Paged, is considering launching a tender offer for all of Paged shares in freefloat, and delisting the company, the company said in a market filing. ”The Management Board of the company decided to disclose the confidential … that Mespila BIS is considering increasing its involvement in the company in the near future,” the statement reads. Mespila controls 42.41 percent stake in Paged. According to the filing, the potential tender will set the buyout price at equal to the minimum price required by applicable law.