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.
The shareholder plans to sell a stake worth of up to 5 mln euros, but it may decide to increase the number of shares on sale in the ABB, it adde
Central European Tour Operator now owns 47.4% of Novaturas. Other shareholders include Ugnius Radvila with 9.49%, and Rytis Sumakaris and Vidas Paliunas with 6.86% each.
Novaturas is listed on the Vilnius and Warsaw stock exchanges.
