PUBLIC OFFER BY HK RUOKATALO AND DANISH CROWN?S JOINT VENTURE EXPIRED
HK Ruokatalo Oyj STOCK EXCHANGE BULLETIN 28 Oct. 2004, at 8am
PUBLIC OFFER BY HK RUOKATALO AND DANISH CROWNS JOINT VENTURE EXPIRED
IN POLAND
On 17 September 2004, Saturn Nordic Holding AB, a joint venture of HK
Ruokatalo Oyj and Danish Crown AmbA, made a public offer in Poland to
buy the minority shareholders stakes in Sokolów S.A., a meat company
listed on the Warsaw Stock Exchange. Saturn Nordic Holding owns the
majority in Sokolów. The purchase price offered was PLN 6.00 (appr.
EUR 1.38) per share.
The offering period expired on 25 October 2004. Saturn Nordic Holding
AB acquired a total of 9,714,439 shares, equivalent to 9.70 per cent
of Sokolów's share capital and votes. Subsequent to the public offer,
Saturn Nordic Holding AB has a 62.34 stake in Sokolów. Sokolow has
issued a total 100,194,134 million shares.
HK Ruokatalo Oyj
Simo Palokangas
CEO
DISTRIBUTION:
Helsinki Exchanges
www.hk-ruokatalo.fi