Synthos to be delisted

Synthos shareholders will decide at the general meeting scheduled for February 6 to abolish the dematerialization of shares and to withdraw them from trading on the regulated market operated by the Warsaw Stock Exchange, the company said in a market filing. Back in December, the company’s majority shareholder, Michał Sołowow successfully tendered 31.4 percent of company’s shares, increasing his stake to over 90 percent, which is enough to call for mandatory squeeze-out of remaining shares.