KD Group to buy out small shareholders, delist

Ljubljana – The shareholders of asset management company KD Group backed a management proposal on Tuesday to squeeze out small shareholders and delist from the Ljubljana Stock Exchange. In line with the decision made at the shareholders’ meeting attended by shareholders representing 97.44% of the capital, KD, which owns 97.339% of the capital or 2,100,093 shares of KD group, will buy the remaining 57,394 shares. The small shareholders are to receive EUR 44.90 per share, according to a release on the website of the Ljubljana Stock Exchange, where KD Group’s…

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