OÜ Tenlion filed an action against AS Baltika


OÜ Tenlion filed an action to Harju County Court against AS Baltika for compensation of loss incurred due to prohibited activity in the amount of 52,092.79 euros.

OÜ Tenlion is on the opinion that Chairman of the Management Board of AS Baltika Meelis Milder expressed in his response to newspaper “Äripäev” reporter misleading information regarding a decision to be taken on additional share issue on AS Baltika annual general meeting of shareholders on 11.05.2011 and committed with it market manipulation resulting in material loss for OÜ Tenlion.

AS Baltika will raise objections to claim in full.

Maigi Pärnik
Member of the Management Board

maigi.parnik@baltikagroup.com