Lafarge begins public offer for Heracles shares, Greece

The Greek Capital Market Commission has approved a Lafarge Cementos SAU information bulletin over a public offer to the shareholders of Heracles Cement SA, submitted on 30 July 2015. The public offer envisages the acquisition of all common nominal voting shares of Heracles at a price of 1.23 euros per share incash.

The public offer period began yesterday and ends on 11 December 2015.

Following completion of the public offer process, Lafarge will call for a general shareholders' meeting in Heracles Cement to approve a plan for the delisting of Heracles shares from the Athens Stock Exchange. (Source: Athens News Agency)