Alytus, Lithuania, 2012-01-19 13:38 CET (GLOBE NEWSWIRE) --
On 19 January 2012 company group ALITA AB received a notification from shareholder FR&R Invest IGA S.A. about the decision of Bank of Lithuania of 18 January 2012 to approve the circular of a non-competitive mandatory tender offer to buy up the remaining ordinary registered voting shares of company group ALITA AB.
The tender offer price is EUR 0.616 per 1 (one) ordinary registered share of company group ALITA AB LTL 1 (one litas) par value (ISIN code LT0000128266) each (equivalent in litas is equal to LTL 2.127). Commencement of the implementation of the tender offer is on 24 January 2012, termination – on 13 February 2012.
Comprehensive conditions of the tender offer are presented in the circular attached (please see the annex).
Additional information is provided by the General Director Paulius Kibiša, phone number + 370 315 57243.