The prospectus of AB „Snaige“ convertible bonds issue with maturity of 367
days, nominal value of the whole issue of 20 LTL million(EUR 5.79 million) was
approved by Securities Commission on 14 March 2008.
The main facts about the issued convertible bonds:
• Maturity of the bonds: 367 days.
• Nominal value of one bond: 100,00 Lt.
• Number of issued bonds: 200 000 units.
• Annual interest rate: 14%
• Redemption price: 100,00 LTL.
• Shares, to which bonds can be converted: AB “Snaige” ordinary shares.
• Conversion rate: 1:18 (one bond is converted into 18 shares)
• Subscription period: 15 March 2008 - 4 April 2008
• Preemptive right period: 15 March 2008 - 28 March 2008
• Beginning of the bonds validity period: 5 April 2008
• Bonds redemption date: 6 April 2009
Bond holders will have a right to convert the bonds to ordinary shares of AB
“Snaigė” at the date of the redemption (6 April 2009).
The shareholders of AB „Snaigė“ will have a preemtive right to acquire the
issued bonds during the first 14 subscription days (15 March 2008 - 28 March
2008). During the remaining subscription period (29 March 2008 - 4 April 2008)
the remaining investors will have a right to acquire the bonds.
Investors are invited to sign the Bonds purchase agreements during the Bonds
subscription period at UAB FMĮ „Orion Securities“, A.Tumėno g.4B, LT - 01109,
Vilnius, Lithuania during working hours from 8.30 till 17.30.
Managing Director
Gediminas Ceika
+370 315 56206
