2015-04-07 08:52:50 CEST

2015-04-07 08:53:52 CEST


REGLERAD INFORMATION

Engelska Litauiska
Agrowill Group - Notification on material event

Agrowill Group, AB successfully fulfills its obligations of restructuring plan and provides final remaining payment to the creditors - 85 percent of creditor‘s amount


Restructuring Agrowill Group, AB begins the final settlement with the Company's
creditors. As provided in the Company's restructuring plan - the Company  this
week, April 7-10, 2015 will pay the remaining debts to its creditors - 85
percent of creditors claims, i.e. 2.96 million EUR. 

15 percent of their claims Company's creditors already received in April, 2014.

Payment for bond holders of the Company will be transfered to representative of
bond holders - brokerage company UAB FMĮ Orion Securities, which is due to
distribute payments to accounts of bond holders. 

After final settlement with the Company's creditors in accordance with law the
Company will apply to the court for the completion of the process of
restructuring. 

Additionally, Agrowill Group, AB informs that remaining payments to the
creditors of its subsidiary agricultural companies (ten companies) - 85 percent
of creditors claims, i.e. 1.56 million EUR will be carried out as it is
foreseen in the restructuring plans of each company-  till the December 2015. 

Agrowill Group, AB  notes that the settlement with creditors of  the Agrowill
Group, AB  and the subsidiary companies  is carried out exactly as envisaged in
the restructuring plans of each company. In the third year of restructuring
(starting from restructuring plans approval), i.e. in 2013-2014, it were paid
15 percent of creditors claims, and in the last year of restructuring - 2015,
the remaining   85 percent of creditors claims will be settled. 




         Vladas Bagavičius
         Member of the Board
         Tel. +370 5 2335340