MSIN d.o.o. offered to acquire the remaining 20.31% stake in Cetis, Graphic and Documentation Services, d.d. from Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., Slovenian Sovereign Holding, d.d. and others for €2.5 million.
December 27, 2017
Share
MSIN d.o.o. offered to acquire the remaining 34.14% stake in Cetis, Graphic and Documentation Services, d.d. (LJSE:CETG) from Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., Optimus nalozbe d.o.o., Slovenian Sovereign Holding, d.d., Kovinoplastika Loz d.d. and others on December 22, 2017. Under the offer, Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., Optimus nalozbe d.o.o., Slovenian Sovereign Holding, d.d. and Kovinoplastika Loz d.d. will sell respectively, 7.47%, 4.5%, 7.89% and 9.32% stakes in Cetis, Graphic and Documentation Services, d.d. MSIN will publish takeover offer for purchase of all remaining shares at latest 30 days after the publication of the takeover intention, however not earlier than 10 days before publication of the intention.
As of January 18, 2018, MSIN d.o.o. published a takeover bid for the remaining 20.31% stake in Cetis, Graphic and Documentation Services, d.d. from Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., Slovenian Sovereign Holding, d.d. and others for €2.5 million. As of January 18, 2018, under the terms of the transaction, MSIN d.o.o. plans to purchase 0.04 million shares offering €61.94 for each share of Cetis, Graphic and Documentation Services, d.d. The offer will open on January 19, 2018 and close on February 19, 2018.
Cetis dd is a Slovenia-based company engaged in printing industry. It offers various solutions in the field of business communications through printed materials and other types of media. Its products are divided into four primary groups: Documents, such as passports, border transit passes, identity cards, telephone cards and safety labels, among others; Packaging, providing foil and paper wrappings as well as wrapping labels; Lottery games, including lottery and prize game tickets, as well as integrated systems for lottery companies, lottery ticket development and custom-made games; and Business communication systems, offering integrated solutions of direct mailing printed matter, forms, in the field of banking, insurance business, public administration, logistic and merchant systems. As of December 31, 2011, the Company operated through nine subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Gabon and Bissau.
MSIN d.o.o. offered to acquire the remaining 20.31% stake in Cetis, Graphic and Documentation Services, d.d. from Kapitalska druzba pokojninskega in invalidskega zavarovanja, d. d., Slovenian Sovereign Holding, d.d. and others for €2.5 million.
CETIS, GRAPHIC AND DOCUMENTATION SERVICES, D.D. 