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VLP: Vilkyškių pieninė AB has completed issue of new shares and will acquire Kelmės pieninė AB
Vilkyskiu Pienine AB Notification on material event 01.04.2008
Vilkyškių pieninė AB has completed issue of new shares and will acquire Kelmės
AB Vilkyškių pieninė has completed issue of 2.59 million new shares. The money
received from the issue will be used for the acquisition of AB Kelmės pieninė.
On March 28, 2008 Vilkyškių pieninė also received permission from the
Competition Council. The company plans to finish the transaction by the end of
April and to acquire 99.09 percent of shares of Kelmės pieninė and its
subsidiary company UAB Kelmės pieno centras.
UAB Finasta investicijų valdymas funds, SEB funds and a private investor Linas
Strėlis acquired the new issue of shares and became the shareholders of the
company. The shareholders acquired the shares for 5.40 litas per share and the
total value of new issue reached 14 million litas. After the new issue, the
authorized capital of Vilkyškių pieninė AB increased to 11.943 million litas.
Economist - analyst
Tel.: 8 441 55 102
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