At a meeting today the Financial Supervision Commission Approved Dival 59 EOOD’s tender offer for the purchase of the shares of Vamo AD-Varna from the rest of the shareholders, announced from the Commission.

The bid is 36 leva/share and the number of shares subject to it is 81 656.

The purchaser owns (directly or through related parties) 734 959 or 90.0007% of the capital.

Dival 59 is also planning to ask for the company’s delisting from the public companies register managed by the Financial Supervision Commission.

In seven transactions on a bloc segment this January a total of 612 352 shares representing 74,99% of the capital of Vamo AD were sold for 52.798 mln leva or more than 86 leva/share.

Another 89 939 shares were acquired a month later at levels ranging between 34.50 and 42.00 leva/share.

The Financial Supervision Commission had issued a temporary ban on the tender offer in the middle of April.

Today 299 of the shares of Vamo were sold at 34.07 leva/share.