Alytus, Lithuania, 2011-10-06 15:01 CEST (GLOBE NEWSWIRE) -- On 6 October 2011 Įmonių grupė “ALITA”, AB (a public limited liability company established and functioning under laws of the Republic of Lithuania, legal entity code 302444238, address of the registered office at Miškininkų g. 17, Alytus, the Republic of Lithuania) (hereinafter, the Company) and the investment company FR&R Invest, IGA S.A. (code B161760, address of the registered office at 3a Rue Guillaume Kroll, L-1882 Luxembourg) (hereinafter, the Investor) signed a share subscription agreement for the subscription and acquisition of 16,874,000 ordinary registered shares of the Company LTL 1 (one) par value each, for the issue price of LTL 5.3971841 per share.
The total issue price of all the subscribed shares of the Company, i.e. LTL 91,072,084, was paid by offsetting homogeneous opposite claims of the Company and the Investor arising out of the share subscription agreement and credit agreement No. 06-046799-KL, dated 29 June 2006 (with later amendments), and the claims assignment agreement, dated 2 August 2011.
For additional information, please address the Adviser to the General Director, Deputy General Director, Vytautas Junevičius, tel. (+ 370 315) 57243.