WABERER INTERNATIONAL PLC has been notified of its largest shareholder CEE Transport Holdco S. à r. L. on.
WABERER INTERNATIONAL PLC has been notified of its largest shareholder CEE Transport Holdco S. à r. L. on. According to EEC Transport Holdco S. à r. ("CEE Transport") notes the quarterly financial report published by Waberer's International Plc on 9 November 2018 showing lower profitability in 2018 than in 2017. CEE Transport also notes that the managers have started Introduce some measures immediately to restore and improve profitability.
CEE Transport, as a large shareholder of Waberer, provides ongoing support to the company. As a result, CEE Transport does not intend to take further market transactions with Waberer shares in the Budapest Stock Exchange until 2020. CEE Transport continues to be willing to accept an attractive M & A transaction for a significant proportion or all its outstanding shares.