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N. Macedonia's Tajmiste shareholder unveils buyout bid plan - bourse

N. Macedonia's Tajmiste shareholder unveils buyout bid plan - bourse Source: Pixabay

SKOPJE (N. Macedonia), October 15 (SeeNews) - Wojciech Edward Pilch, a shareholder in North Macedonia's Tajmiste [MSE:TAJM], a company active in the mining, hospitality and metal products industries, intends to launch a takeover bid for Tajmiste together with investor Jacek Bigosinski, the Macedonian Stock Exchange (MSE) said on Friday.

The investors plan to offer 970 denars ($18.3/15.7 euro) per each Tajmiste share, the MSE said in a notice.

The offer would value Tajmiste at about 25.6 million denars, based on the number of its outstanding shares. Tajmiste's capital is divided into 26,341 shares.

Pilch entered the capital of Tajmiste in August, after buying a 21.88% stake in the company from individual shareholder Marija Toleska Doneska.

According to data from the country's Central securities depository, other shareholders owning more than 5% shareholding in Tajmiste are individual investors Natasha Toleska with a 21.98% stake and Vladimir Toleski with a 28.50% stake.

Tajmiste's shares last traded on the MSE on August 3 at an average price of 970 denars.

(1 euro = 61.66 denars)