2015-11-19 15:05:00 CET

2015-11-19 15:05:01 CET


REGLERAD INFORMATION

Engelska Litauiska
LESTO - Notification on material event

Due to long-term loan agreement


LESTO AB, identification code 302577612, registered office placed at Aguonu
str. 26, Vilnius, Republic of Lithuania. The total number of registered
ordinary shares issued by company is 603 944 593; ISIN code LT0000128449. 

Following the end of purchase procedures mandatory 15-day postponement, on 19
November, 2015 LESTO AB and Pohjola Bank Plc. signed a long-term loan agreement
according to which LESTO AB will be granted a loan of EUR 70 million. The
Commission of the tender has decided that Pohjola Bank Plc. has offered the
best bid. "We continue our successful cooperation with Pohjola Bank Plc. We are pleased
that our new financial partner can offer the cheapest financing. Having signed
our second loan agreement with this bank, we diversify portfolio of the
company's liabilities and reduce our financial costs,” - says Andrius Bendikas,
Director of Finance and Administration division of LESTO AB. 

The funds will be used to refinance the Company's financial liabilities and
also, for the working capital needs. Maturity of the loan will be 5 years. The
base interest rate - 1 month EURIBOR. 

During the contract period the Company may be granted an additional credit,
which cannot exceed 30 percent of the loan amount. 


         Representative for Public Relations Martynas Burba, Tel. No (8~5) 251
4516.