On 23 September 2026 AB Novaturas, the Kaunas-based tour operator listed on Nasdaq Vilnius and the Warsaw Stock Exchange, published the report of its shareholder Mr Neşet Koçkar on the implementation of his mandatory non-competitive tender offer. The offer ran from 7 to 21 September 2026 under Bank of Lithuania decision No. 2026/441-100 approving the circular. It covered 6,279,499 ordinary shares, or 34.69% of the capital and votes. Mr Koçkar bought 3,153,045 shares, or 17.42% of the capital and votes. The same day the company published his notification that he had crossed the 75% threshold as a result of the offer: he now holds 14,974,665 shares directly, or 82.73% of the voting rights. The report notes that the company has entered into agreements to transfer treasury shares to employees exercising options, and that the offeror does not know how far these have been implemented — so the voting percentage may shift slightly with the treasury share count. The offer price, set in the circular, was EUR 0.877 per share; at that price the shares tendered correspond to about EUR 2.77 million (our calculation; the report itself does not state an amount). The company's CEO is Aleksejs Kriščuks.