Whereby we inform about announcement of the tender offer of Vilniaus Baldai, AB on June 5, 2013. Invalda LT, AB holds control in 39.35 percent shares in Vilniaus Baldai, AB.
„On June 5, 2013 Vilniaus baldai, AB received a notification from Invalda LT, AB about intention to announce a mandatory tender offer to buy up the remaining voting ordinary registered shares in Vilniaus baldai, AB, company code 121922783, registered address Savanorių str. 178 A, LTL 4 par value each. The day of crossing of threshold of 1/3 votes is May 31, 2013. The payment for the purchased shares shall be effected in cash.
Whereas Invalda LT, AB holds 39.35 percent of votes in the general shareholders meeting of Vilniaus baldai, AB and Board members of Invalda LT, AB – Alvydas Banys, Darius Šulnis and Indre Mišeikyte – have acquired 61.96 percent of votes in the general shareholders meeting of Vilniaus baldai, AB, and shareholders of Invalda LT, AB holding control of 90.15 percent of shares in the general shareholders meeting of Invalda LT, AB, an agreement about the long – term policy of the Company has been signed, in accordance with part 2 of Article 31 of the Law on Securities of the Republic of Lithuania, persons holding control of Invalda LT, AB have an obligation to announce a mandatory tender offer to acquire remaining shares in Vilniaus Baldai, AB.
On the basis of the agreement the following legal and natural persons are acting in concert with the above mentioned Board members in the mandatory tender offer procedure: Invalda LT, AB, Invalda Privatus Kapitalas, AB, Vytautas Bučas, Greta Mišeikytė Myers, Irena Ona Mišeikienė:
|
Shareholders |
Owned shares (units) |
Voting rights (percent) |
|
Irena Ona Mišeikienė |
28135 |
0,72 |
|
Indrė Mišeikytė |
14068 |
0,36 |
|
Greta Mišeikytė Myers |
14067 |
0,36 |
|
Vytautas Bučas |
0 |
0 |
|
Alvydas Banys |
200 |
0,01 |
|
Darius Šulnis |
10866 |
0,28 |
|
Invalda LT, AB code 121304349, address Šeimyniškių g. 1A, Vilnius |
1529312 |
39,35 |
|
Invalda privatus kapitalas, AB code 303075527, address Šeimyniškių g. 1A, Vilnius |
1274083 |
32,78 |
|
Total |
2870731 |
73,87 |
The providers of a tender offer informed the Company about the price for buy up of shares– the price totals to 14.869 EUR per share. The period of the implementation of a tender offer – 14 days. “
We inform about the implementation of the agreement set above on acquisitions of 494,473 units of shares in Vilniaus Baldai, AB of the public joint-stock company Invalda LT, AB, consisting the total amount of 7,352,319.04 EUR for 12.72 percent of shares in Vilniaus Baldai, AB.
The person authorized to provide additional information:
Darius Sulnis
President
Tel. +370 5279 0601
E-mail: [email protected]