BBG – SIMEX BULGARIA offers to its customers the whole scale of services related to the preliminary research, financial analyses, evaluations and the making of a tender offer, as well as its realization on the Bulgarian Stock Exchange – Sofia.
The Law on Public Offering of Securities defines the cases, where the shareholders in a given trade company make a tender offer to the other shareholders for the purchase of a certain percentage of the trade company’s shares.
The tender Offer gives the opportunity to every shareholder owning at least 5% of the company’s shares to acquire at least 1/3 of the total number of shares.
On the other hand a shareholder who acquires over 50% or 2/3 of the general assembly votes either directly or by a third person is obliged to make a tender offer to the other shareholders for the purchase of their shares. This obligation is a measure to protect the company’s minority shareholders’ interests.
Before its announcement the Tender Offer has to be approved by the Financial Supervision Commission
The details of the offered price grounds, respectively those of the offered exchange value per share, related to the used procedures and evaluation methods for its net Fair Market Value are presented in Working Tools, Frame Contents and Demo version of the studies in the field of corporate finance.
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