Notification on material event
Regarding acquisition (purchasing) of own shares of AB “Žemaitijos pienas”
AB “ŽEMAITIJOS PIENAS” (office address: Sedos Str. 35, Telšiai, company code 180240752, hereinafter referred to as the Company) hereby informs that considering the decision of the General Meeting of Shareholders of AB “Žemaitijos pienas” taken on 10 April 2019 “Regarding acquisition of own shares of the Company”, following the decision of the Company Board, it was decided to purchase ordinary registered shares of AB “Žemaitijos pienas”, nominal value EUR 0.29, through the official market of AB “Nasdaq Vilnius” Stock Exchange.
Terms for acquisition (purchase) of AB “Žemaitijos pienas” shares:
Initiation of acquisition of shares – 18 Juny 2019 (inclusively);
Completion of acquisition of shares – 25 Juny 2019 (inclusively);
Maximum number of shares to be acquired – 1 100 000 shares;
General maximum price of shares to be acquired – 2 035 000 Euros;
Price of shares – 1,85 Euros for one share;
If the supply of shares exceeds the number of shares to be acquired, the number of shares to be sold shall be reduced for all sellers of shares proportionally.
+ 370 444 22208,