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Avia Solutions Group AB sold it‘s stake in Small Planet Airlines UAB (Lithuania) and Small Planet Airlines Sp. z o. o. (Poland)

29-03-2013


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 3 / 2013
Date of issue: 2013-03-29
Short name of the issuer
AVIA SOLUTIONS GROUP AB
Subject
Avia Solutions Group AB sold it‘s stake in Small Planet Airlines UAB (Lithuania) and Small Planet Airlines Sp. z o. o. (Poland)
Official market - legal basis
Inne uregulowania
Unofficial market - legal basis
Contents of the report:
Avia Solutions Group AB sold it‘s 95,5% stakes in Small Planet Airlines UAB (Lithuania) and Small Planet Airlines Sp. z o. o. (Poland) to the management of these companies Mr. Vytautas Kaikaris (65,5%) and Mr. Andrius Staniulis (30%). Before the transaction Vytautas Kaikaris already owned 4,5% stake in both companies. Based on the financial information available as at 31 December 2012 it is expected that transaction will result a total gain of approximately LTL 15,8 million in the consolidated financial statements for 3 month period ended 31 March 2013 that includes result from discontinuing operations and a gain from disposal. Stand-alone financial statements will account for a loss of approximately LTL 1,3 million from the transaction for the corresponding period.
Annexes
File Description

Nazwa arkusza:


AVIA SOLUTIONS GROUP AB
(fullname of the issuer)
AVIA SOLUTIONS GROUP AB Usługi inne (uin)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
LT-30201 Wilno
(post code) (city)
Smolensko 10
(street) (number)
+370 5 252 5500 +370 5 252 5501
(phone number) (fax)
info@aviasg.com http://www.aviasg.com
(e-mail) (web site)
LT100005619918 N/A
(NIP) (REGON)

Nazwa arkusza:


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2013-03-29 Aurimas Sanikovas CFO

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