May 22 (SeeNews) – Bosnian lender Nasa Banka [BANJ:PIBB] said that one of its shareholders, local company GI Finance, has launched a takeover offer for the bank.
GI Finance is offering 0.8056 marka ($0.45/0.41 euro) per each Nasa Banka share in the takeover offer, Nasa Banka said in a bourse filing on Friday.
The securities commission of Bosnia and Herzegovina’s Serb Republic cleared the takeover offer earlier on Friday.
In the offer, GI Finance acts together with Serbia’s Galens Invest, which holds a 22.240252% stake in Nasa Banka and Bosnia’s G-Inzenjering, which holds a 4.131716% stake in the bank.
GI Finance became obliged to make the takeover offer after acquiring 3,124,875 shares, equal to a 11.495986% stake in Nasa Banka, on March 31, the company said in an earlier statement.
Nasa Banka’s capital totalls 33.18 million marka, divided into 33,182,313 shares with a par value of 1 marka each.
The bank’s shares last traded on the BLSE on March 1, closing at 0.80 marka, unchanged from the previous trading session.
The Serb Republic is one of two autonomous entities which form Bosnia and Herzegovina. The other one is the Federation.
Source: See News