Published: 2017-01-20 10:35:58 CET
Harju Elekter
Company Announcement

Motherson Sumi Systems Ltd made a takeover bid for shares of PKC Group Plc

Estonia, 2017-01-20 10:35 CET -- Motherson Sumi Systems Limited and PKC Group Plc have on January 19, 2017 entered into a combination agreement under which they agree to combine the wiring harness businesses of Motherson Sumi Systems Limited and PKC Group Plc. The offer price for PKC Group Plc shareholders is EUR 23.55 in cash for each share in PKC Group Plc.

AS Harju Elekter has been the shareholder of PKC Group Plc since 1994. On the balance date 31.12.2016, AS Harju Elekter owned 1,094,641 PKC Group Plc shares.

More information is available here: (http://www.pkcgroup.com/investors/stock-exchange-releases.html).

Andres Allikmäe
Managing Director/CEO
+372 6747 400

 

Prepared by:
Moonika Vetevool
Corporate communication and investor relations manager
+372 671 2761