TEO: TEO LT, AB received an offer to sell treasury stocks
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2009-10-05
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TEO LT,
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TEO: TEO LT, AB received an offer to sell treasury stocks
TEO LT, AB Notification on material event 05.10.2009
TEO LT, AB received an offer to sell treasury stocks
On 2 October 2009 at 15:02 (Lithuanian time) the Board of TEO LT, AB and
General Manager of TEO LT, AB received a joint offer dated from East Capital
Explorer Investments AB (Sweden), East Capital Special Opportunities Fund
(Cyaman Islands) and East Capital Asset Management AB (Sweden) on behalf of in
Sweden registered East Capital Baltic Fund and East Capital Eastern European
Fund, to sell TEO LT, AB treasury stocks, i.e. 38,095,242 shares or 4.67 per
cent of the total number of the Company's shares, to East Capital Explorer
Investments AB, East Capital Special Opportunities Fund and East Capital Asset
Management AB on behalf of East Capital Baltic Fund and East Capital Eastern
European Fund, paying 1.95 Litas per share. The offer is valid until 9 October
2009 15:00 (Lithuanian time).
Eglė Gudelytė-Harvey,
Director of Corporate and Legal Affairs Unit,
tel. +370 5 236 72 92