Announcement on the share price intended to be offered during the takeover bid


KLAIPĖDOS BALDAI AB announces about information received from the shareholder on the share price intended to be offered during the takeover bid

 

KLAIPĖDOS BALDAI AB (the „Company“) announces about information received on 27 January 2014 from the shareholder of the Company UAB SBA Furniture Group. On 27 January 2014 UAB SBA Furniture Group acquired all shares in the Company owned by KJK FUND SICAV-SIF by paying for one share EUR 2.83.

UAB SBA Furniture Group has announced that it intends to acquire the shares in the Company during the takeover bid and to offer 2,83 EUR price for one share which is the same price that was paid to KJK FUND SICAV-SIF for the acquired shares in the Company,  if the general shareholders meeting of the Company decides to delist the Company's shares from the additional list of AB NASDAQ OMX Vilnius stock exchange and to suspend the public offering of the Company's shares and to approve UAB SBA furniture group as a person who will conduct the takeover bid to purchase the shares in the Company. 

 

Managing Director

Vidas Mišeikis

 

For supplementary information contact:

Public Relations Manager of Concern “SBA”

Goda Januškevičiūtė

Tel. +370 612 07 187