AB "Rokiskio suris", Pramones str.3, Rokiskis, Lithuania, 2016-08-01 15:59 CEST (GLOBE NEWSWIRE) -- On August 1, 2016, the Board of Directors of Rokiškio sūris AB pursuing the resolution of 21 August 2015 General Meeting of Shareholders resolved to acquire own ordinary registered shares with a nominal value of EUR 0.29, subsequently the total nominal value of the shares including the nominal value of already owned shares would not exceed 1/10 of the Company’s Authorized Capital. A reserve of EUR 11.668 million is accumulated for acquisition of treasury shares. The acquisition will be implemented through the market of official tender of Nasdaq Vilnius AB stock exchange.
Share sale offers shall be accumulated during the entire purchase period. Should sale offers exceed quantity of shares to be acquired, all offers shall be reduced in proportion.
Purchase conditions:
Share purchase starts on August 4, 2016.
Share purchase ends on September 2, 2016.
Max number of shares to be acquired (units): 1,172,218.
Purchase price (EUR): 1.43 per share.
Dalius Trumpa
Board Chairman
+370 458 55200