so ist es.
ZitatAlles anzeigen"On the breaches of the Law on the Financial Instruments Market FCMC punishes Kirovs Lipmans and Filips Lipmans - imposed fine and obligation to announce mandatory share buyout offer
Due to breaches of the Law on the Financial Instruments Market (Law), the
Financial and Capital Market Commission (FCMC) Board of Latvia has took a
decision to impose a fine to AS “Grindeks” shareholders – Kirovs
Lipmans in amount of EUR 14 200 and Filips Lipmans in amount of EUR
10 650. Additionally, both shareholders shall announce the mandatory
share buyout offer to other AS “Grindeks” shareholders.
Such decision has been taken due to the fact that the FCMC has gained
sufficient evidence that Kirovs Lipmans since October 2010 has been
acting in concert with his son Filips Lipmans. Considering that Kirovs
Lipmans and his wife Anna Lipmane, which acting in concert was proved by
the FCMC in the year 2003, together own 49.98% of AS “Grindeks” shares,
but Filips Lipmans 0.04% shares, the total amount of AS “Grindeks”
shares owned directly by Lipmans family constitute 50.02% from the total
number of voting rights, thus ensuring control over the company. Since
AS “Grindeks” shares are listed on the regulated market – “NASDAQ OMX
Riga” Official list, company’s shareholders have to comply with the
requirements of the Law on the mandatory share buyout offer. That means
that, when acquiring majority interest (i.e., 50% or more), a person or
persons acting in concert have to announce a mandatory share buyout
offer to other shareholders. Since the mandatory share buyout offer was
not announced, FCMC took a decision to apply sanctions.
On the breaches of the financial instruments market regulating rules – in
this case, non-fulfilment of Article 66, first part of the Law – FCMC
has the right to impose a fine from EUR 14 200, as well as the person
has an obligation to announce a buyout offer to minority shareholders.
Considering the situation, as well as evaluating the adequacy of the
sanctions and their conformity to the breach, Kirovs Lipmans has been
assigned the maximum amount of fine and Filips Lipmans – fine in amount
of EUR 10 650.
The Law additionally states that a person shall not exercise its voting
rights resulting from person’s owned shares, if after the effective date
of the FCMC decision the mandatory share buyout offer will not be
announced to other shareholders.
Kirovs Lipmans, as well as Filips Lipmans have the right to dispute the
decision of the FCMC in the Administrative Regional Court in one month
time starting with the day it has been announced.
- See more at:
http://globenewswire.com/news-…html#sthash.sPn7hxUM.dpuf
Sehr interessanter Schachzug, vermutlich von dem PE-Fonds in die Wege geleitet. Lipmans kann seine Stimmrechte nicht ausüben bei der HV am 22. Dezember (an der die Dividende beschlossen werden soll), oder er muss ein Übernahmeangebot machen.
Well played.