On 27 March 2008, Agrowill Group (company code 1262 64360, registered address at Smolensko 10, Vilnius) completed its public offering of shares arranged according to the 14 March 2008 Prospectus of Public Offering and Listing on a Regulated Market.
During the offering that took place from 17th March 2008 to 27th March 2008, 6,777,777 shares of Agrowill Group were placed and allotted to subscribing investors i.e. the entire amount of the offering (including shares distributed by the offering arrangers under the overallotment option).
The final price of public share distribution is set at a flat rate of LTL 5 for all investors who acquired the shares.
In total, 6,594,193 shares (about 97.3% of the joint offering including the shares placed under the oversubscription option) were distributed to investors participating in the institutional offering (institutional investors).
In total, 183,584 shares (about 2.7% of the joint offering including the shares placed under the oversubscription option) were distributed to investors participating in the public offering (retail investors).
The applications of investors taking part in the public offering were satisfied in full.
Following the outcome of the share subscription, Agrowill Group approved the list of company’s shareholders on 1 April 2008.
The lead manager and bookrunner of the share offering was Gild Bankers, the pan-Baltic investment bank, with Finasta, the largest non-bank broker in Lithuania, joining as co-lead manager and underwriter of the issue.