News
EXTRAORDINARY INFORMATION on the approval of a mandatory public takeover bid
2021. 09. 07.

The Managing Board of CIG Pannonia Life Insurance Public Limited Company (registered office: H-1097 Budapest, Könyves Kálmán körút 11.B, company registration nr.: 01 10 045857 – (Company or Target Company) in accordance with the request of HUNGARIKUM Biztosítási Alkusz Ltd. (registered office: H-8086 Felcsút, Fő utca 65., company registration nr.: 07 09 028910, tax ID nr.: 13010133-4-07, acting on its behalf: Erik Keszthelyi, managing director) as designated offeror (Designated Offeror) and MKB Bank Public Limited Company (registered office: H-1056 Budapest, Váci u. 38., company registration nr.: 01-10-040952, tax ID nr.: 10011922-4-44) as investment service provider, dated today, namely September 7, 2021, hereby informs the Esteemed Investors that the mandatory public takeover bid submitted on June 18, 2021 for the purchase of the ordinary registered shares of the Company (ISIN number: HU0000180112) with a nominal value of HUF 33,-Ft (i.e. HUF 30,-) each, issued to all shareholders of the Company, then amended by the approval procedure of the Central Bank of Hungary (Supervisory Authority) has been approved by its decision H-KE-III-29/2021 dated September 6, 2021.

The duration of the Offer is the period between 9.00 am on September 10, 2021 and 12.00 pm on October 11, 2021.

The Designated Offeror initiated the publication of the result of the approval procedure and the approved Takeover Bid immediately after receiving the decision of the Supervisory Authority, indicating the start and closing dates of the period for making the declaration of acceptance, which the Target Company complies with by means of this information and the Takeover Bid and its annexes attached to the information. 






Disclaimer: All information contained within this article is for information purposes only, and shall not be considered an official translation of the official communication referred to herein. This document does not include the integral wording of the official communication referred to herein, the original Hungarian language version of it remains to be the solely legally binding material in the subject matter. For further information, please do not hesitate to contact us.

We use cookies on our website to serve our visitors as high as possible and to track activities on the site. For more information on cookies, see our Cookie Policy