They have obligated the Central Depository Agency to pay all shareholders who have accepted the bid of EPCG within three business days of the receipt of the decision. The new owner of the mine is obliged to announce a new public offer within 15 days to pay the remaining owners of the mine at the same price as this takeover, ie EUR 6.4 per share.
EPCG has deposited 30m euros for this transaction with the CDA in mid-April when the Commission passed a decision on the approval of a voluntary public offer to take over the Coal Mine. By the beginning of May, all interested sellers submitted their offer.
Source: bankar.me
