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LFO: Panevezys District Court's Ruling

Spekuliantai.lt | 2011-11-08 | NASDAQ OMX biržų naujienos | perskaitė: 876
Raktiniai žodžiai: Lifosa AB, LFO
LFO: Panevezys District Court's Ruling

Lifosa AB Notification on material event 08.11.2011

Panevezys District Court's Ruling

On 07-11-2011 AB "Lifosa" received not validated Panevezys District Court's
Ruling, dtd. 05-11-2011.
Panevezys District Court examined the civil case under the claim of the
plaintiffs A. S., L. D. and V. N. on mandatory share buy-up price in closed
court hearings against the respondents AB "Mineral and Chemical Company
"EuroChem", EuroChem A.M. Limited, the third parties, and on 05-11-2011
adopted a ruling under written procedure, approving a Peace Treaty signed by
the parties. The Peace Treaty parties have agreed the price of 53.85 LTL
(fifty-three litas and eighty five cents) payable for each AB "Lifosa" share,
bought-up during the process of mandatory buy-up of shares.
Other provisions of the Peace Treaty, related to the payment of additional AB
"Lifosa" share price portion, will be made ​​public after this court Ruling
comes into force.


For more information - Zigmas Ezerskis, Chief Financial Controller,
tel.: + 370 347 66262.

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