AB Agrowill Group has received Decision No. 241-38 of 15 February 2016 of the Supervision Service of the Bank of Lithuania and after a detailed legal analysis of the Decision, assessed this Decision as contrary to law and unjustified.
Therefore, the Company took advantage of the statutory law and appealed against that decision to the court which has accepted the appeal and started the appeal proceedings.
Please note that more information on Decision and an opinion of the Company has been disclosed in notification on material event as of 18th February, 2016.
Vladas Bagavičius
Member of the Board
+370 5 233 53 40