Namely, Dijamant’s Supervisory Board (SB) made a decision on forced payment and ousting of small shareholders from the ownership structure of the company.
According to the decision, signed by the President of the Supervisory Board of Dijamant and the Chief Executive Officer of Fortenova Group Fabris Perusko, Fortenova owns 96.15 percent of Dijamant’s shares, and the remaining 3.85 percent will be bought from small shareholders at a price of 292 euros per share.
It is estimated that squeezing out the remaining small shareholders in Dijamant will cost Fortenova group around three million euros.
This plan of the Management and the Supervisory Board of Dijamant should be approved by the Assembly of Shareholders of the Zrenjanin company, which is scheduled for April 16, which, given the ownership structure, is a formality.
The forced redemption of shares in Dijamant comes after the unsuccessful redemption in the public offer during March this year, which was announced by Fortenova, reports B92.
