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The public auction, regarding sale of the shares of part of the subsidiary companies of the Agrowill Group AB, took place

04-03-2013


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 20 / 2013
Data sporzÄ…dzenia: 2013-03-04
Skrócona nazwa emitenta
AGROWILL GROUP AB
Temat
The public auction, regarding sale of the shares of part of the subsidiary companies of the Agrowill Group AB, took place
Podstawa prawna
Treść raportu:
The public auction, regarding sale of 100% shares of Žemės vystymo fondas 1 UAB, Žemės vystymo fondas 2 UAB and Žemės vystymo fondas 8 BUAB, took place.

The winning bidder offered LTL 8.353.539 for the 100% shares of Žemės vystymo fondas 2 UAB and 100% shares of Žemės vystymo fondas 8 BUAB.

The winning bidder offered LTL 9.338.502 for the 100% shares of Žemės vystymo fondas 1 UAB.

An average price of LTL 9.300 per 1 Ha of utilized agricultural land of above mentioned companies was proposed by winning bidder.

According to the established procedure in Rules of public auction in the nearest timing the Board of the Agrowill Group AB will make a separate decision regarding the final sale of the 100% shares of Žemės vystymo fondas 1 UAB.

It is expected that the transaction will be completed within next 4-6 weeks

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