aA
Novaturas' largest shareholder, Central European Tour Operator, has decided to sell a part of its shareholding in Lithuania's biggest tour operator.
Novaturas' main shareholder to sell a stake in Lithuanian tour operator
© DELFI / Karolina Pansevič

Central European Tour Operator "has approved the launch of sale of a block of shares in the company by way of an accelerated bookbuilding (ABB)," Novaturas said in a statement on Wednesday.

The shareholder plans to sell a stake worth of up to 5 million euros, but it may decide to increase the number of shares on sale in the ABB, it added.

Central European Tour Operator now owns 47.4 percent of Novaturas. Other shareholders include Ugnius Radvila with 9.49 percent, and Rytis Sumakaris and Vidas Paliunas with 6.86 percent each.

Novaturas is listed on the Vilnius and Warsaw stock exchanges.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Avia Solutions Group bought Bluebird Nordic

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Lithuania and some other EU countries ask for Mobility Package postponement

Lithuania and "like-minded" EU member states are urging the bloc's bodies to postpone the...

Top news

649 confirmed coronavirus cases in Lithuania

On 2nd April there were 649 confirmed COVID-19 cases in Lithuania.

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Disinformers take advantage of COVID-19 crisis

“Pharmaceutical industry denies the fact that vitamin C kills coronavirus ”, “Lithuania has...

Lithuania bans all passenger air and ferry travel from Saturday

The Lithuanian government on Wednesday imposed a ban, effective from Saturday, on all passenger air...

US organization expands its cooperation with Lithuanians in fight against Chinese disinformation

The Alliance for Securing Democracy , an independent organization operating in the United States ,...

|Maža didelių žinių kaina