Novaturas completed 17.42 percent tender offer for Novaturas stock

Published on 10/15/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neset Kockar bought 17.42 percent of Novaturas on September 23, 2026. Novaturas stock costs EUR 0.74 on October 15, 2026, and revenue fell 5.80 percent.

Ownership and earnings picture

Neset Kockar acquired 3,153,045 Novaturas shares on September 23, 2026.
First-half revenue fell 5.80 percent to EUR 69.80 million in 2026.
Novaturas stock traded at EUR 0.74 at 1:45 p.m. CEST at Lang & Schwarz on October 15, 2026.

Novaturas, LT0000131872, Illustration mit AI erstellt.

Novaturas (ISIN LT0000131872) was trading at EUR 0.74 at Lang & Schwarz on October 15, 2026 at 1:45 p.m. CEST. On September 23, 2026, the company received a report that Neset Kockar had bought 3,153,045 shares, equal to 17.42 percent of the company, as GlobeNewswire reported. The ownership change gives the tender offer a clear role in the stock story, while the latest financial figures point to pressure on the operating base.

Three dates explain the shift

On July 27, 2026, Neset Kockar proposed to acquire the remaining 34.69 percent of Novaturas for EUR 5.50 million, according to Simply Wall St. On August 25, 2026, the same source reported first-half earnings of minus EUR 1.01 per share, compared with minus EUR 0.10 in the first half of 2025.

On September 23, 2026, the offeror acquired 3,153,045 shares, representing 17.42 percent. The sequence moves from a proposed purchase of 34.69 percent to a completed purchase of 17.42 percent and gives investors a dated framework for the change in control.

First-half losses raise the pressure

For the six months ended June 30, 2026, revenue fell 5.80 percent to EUR 69.80 million from EUR 74.10 million in the comparable period. Net loss reached EUR 7.92 million, widening by EUR 7.13 million from the first half of 2025, according to Simply Wall St.

What does the offer change?

The transaction changes the ownership backdrop more directly than the earnings release changes the operating picture. A 17.42 percent transfer of shares is a material event for a company whose latest half-year revenue was EUR 69.80 million and whose net loss was EUR 7.92 million. The balance between control, free float and a return to profitability will shape the next phase of the investment case.

Next reporting date is February 26, 2027

The next explicitly listed reporting date is February 26, 2027, when Novaturas is scheduled to publish financial results, according to TradingView. That date gives investors the next fixed checkpoint for testing whether the revenue decline and larger loss have reversed.

Stock price and investor checkpoint

Novaturas stock was trading at EUR 0.74 at Lang & Schwarz on October 15, 2026 at 1:45 p.m. CEST. The company is listed on Nasdaq Vilnius under ticker NTU1L.VS, and its business covers tour operating and travel agency services in Lithuania, Latvia and Estonia.

The further course of trading is shown by the continuously updated real-time quote of Novaturas stock.