On 08-11-2011 AB "Lifosa" received not validated Kedainiai District Court's judgement, dtd. 07-11-2011.On November 7, 2011 Kedainiai District Court adopted the judgement in a civil case under the application lodged by the applicant Joint Stock Company „Mineral and Chemical Company „EuroChem“ to the interested persons AB „Lifosa“ and minority shareholders of AB „Lifosa“ (i.e. those who did not sell owned AB "Lifosa" shares to the Applicant over the mandatory buy-up period) regarding the engagement of the securities account managers to perform entries in the securities accounts on the transfer of the title of AB „Lifosa“ shares to the Joint Stock Company „Mineral and Chemical Company „EuroChem“. The court decided to settle the application and obligated AB „Lifosa“ securities account managers to perform entries in securities accounts within 7 office days after court judgement validation on the transfer of the title of AB „Lifosa“ registered ordinary shares to the shareholder buying-up the shares - Joint Stock Company „Mineral and Chemical Company „EuroChem“.
For more information - Zigmas Ezerskis, Chief Financial Controller, tel.: + 370 347 66262.