On December 26, 2023, "Ard Financial Group" JSC owned a controlling shareholder of 64 percent or 71,611 shares issued by "Undurkhaan" JSC.

Therefore, based on Article 3, Section 3.1 of the Financial Regulatory Commission's "Procedures for the Purchase of Shares of a Joint Stock Company", a tender offer was made for the purchase of shares owned by other shareholders who are not controlling shareholders.

The number of shares owned by “Ard Financial Group” JSC and related parties is 71,611 shares.

Offering price:                                                                                MNT 15,209.56

Number of shares to purchase:                                                     40,268

The commencement date of the offer to purchase shares:           March 19, 2024.

The expiration date of the offer to purchase shares:                     April 20, 2024.

Last date to receive an offer to purchase shares:                       April 21, 2024.

Payment date:                                                                                April 22, 2024.

Information of the legal entity making the tender offer:

Company name: “Ard Financial Group” JSC

Address: 2nd floor of "Ard Financial Group" JSC office, 8th khoroo, Sukhbaatar district, Ulaanbaatar

Email: info@ardmanagement.com

For more information, please call 77078080. 

MONGOLIAN STOCK EXCHANGE