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BLT: Sale of real estate

Spekuliantai.lt | 2010-03-04 | NASDAQ OMX biržų naujienos | perskaitė: 1312
Raktiniai žodžiai: Baltika, BLT
BLT: Sale of real estate

Baltika Company Announcement 04.03.2010

Sale of real estate

AS Baltika started the process of strengthening the company´s financial
position.
On 04 March 2010, OÜ Baltika TP, the subsidiary of AS Baltika, concluded an
agreement for the sale of real estate, located in Ahtme (Estonia), where Baltika
Group factory is located. According to the agreement, Baltika TP is obligated to
rent the premises for the next five years.

The transaction price is 16.0 million kroons (1.0 million euros).

The transaction is not regarded as a transaction with related parties within the
meaning of the regulations of the Tallinn Stock Exchange.


Ülle Järv
CFO, Member of the Management Board
+372 630 2731

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