On June 01, 2007, the Financial and Capital Market Commission (FKTK) passed a decision to allow the AS „Laima” shareholder „NP Confectionary AB” making the AS „Laima” stock final offer approving the purchase price per share 1.76 LVL. The AS „Laima” Board has evaluated the shareholder's „NP Confectionary AB” AS „Laima” stock final offer and concluded that it is in compliance with requirements of regulatory acts. The Board considers that the stock concentration in one shareholder's hands would improve the AS „Laima” performance efficiency and further development, and it would also contribute to the influx of investments. The Board considers that the stock final offer by „NP Confectionary AB” and its execution would have positive influence on AS „Laima” and its employment policy, as the shareholder's „NP Confectionary AB” defined strategic plans towards AS „Laima” conform to the AS „Laima” Board standpoint. The AS „laima” Board thinks it is positive that the offering shareholder does not provide for making changes in the AS „Laima” Board or Council composition, and that the AS „Laima” personnel would retain their working places according to their labour contracts concluded. The AS „Laima” Board confirms that a project has been started since 2006 providing for the AS „Laima” production facilities transfer to Riga Region; the project is planned to be worked out and implemented until 2009. Fot the AS „Laima” Board, Chairman of the Board Normunds Ozoliņš
AS „Laima” Management Statement on AS ”Laima” Stock Final Offer
| Source: Laima