Globaltrans Investment GDR RegS (GLTVF) has released an update.
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Globaltrans Investment PLC has successfully completed a tender offer through its subsidiary, acquiring 24,745,976 global depositary receipts (GDRs) at RUB 520 each, amounting to approximately RUB 12.9 billion. This represents a significant 14% of the company’s share capital with high investor participation, marking one of the top transactions in the Russian equity market. Notably, the tender offer does not alter the company’s share capital or affect non-participating GDR holders.
For further insights into GLTVF stock, check out TipRanks’ Stock Analysis page.