StockMarketWire.com - Exillon has noted a tender offer for its shares by significant shareholder Seneal International Agency, a company ultimately controlled by Alexey Khotin.

The tender offer was announced in connection with the intention of Seneal to delist Exillon shares from trading on the Warsaw Stock Exchange.

Exillon said that in accordance with Polish law, the tender offer applied only to Exillon shares which were acquired in transactions executed on the regulated market in the Republic of Poland.

It said the purchase price for the shares was PLN7.15 per share and the tender offer was conditional on approval by Exillon's board on withdrawal of the shares from trading on WSE.

Exillon said that regardless of the delisting from WSE, its shares would continue to trade on the London Stock Exchange and the company intended to maintain its premium listing on the LSE.




Story provided by StockMarketWire.com