Anyksciu Vynas - Notification on material event

The company received an appeal of Plass Investments Limited regarding the decision of Court in the case on sale of the boiler house held by the company

Anyksciai, Lithuania, 2015-01-12 16:14 CET (GLOBE NEWSWIRE) -- On 9 January
2015 AB “ANYKŠČIŲ VYNAS” (hereinafter, the “Company”) received the appeal of
Plass Investments Limited regarding the abolishment of the decision of the
Panevėžys Regional Court of 2 December 2014 and request to adopt the new
decision - to satisfy the claim of Plass Investments Limited. According to the
indicated decision the Court has dismissed as ungrounded the claim of Plass
Investments Limited regarding invalidation of the Agreement on purchase-sale of
the boiler house and of the movable and immovable assets related thereto,
concluded on 20 June 2013 by and between the Company (the seller) and the
buyer, as well as on application of restitution, related to execution of this
agreement (the Company and the buyer of the mentioned assets were included as
the respondents in the case). The Company has informed about the decision of
the Panevėžys Regional Court on 3 December 2014 by publishing a notification on
material event. 

In the opinion of management of the Company, the appeal of Plass Investments
Limited is groundless, and the Company shall provide the court its response in
due course. 



Additional information is provided by director Audrius Zuzevičius, +370 381
50235.