Vilniaus Baldai AB - Notification on material event

The Bank of Lithuania registered the tender offer circular to buy up shares in Vilniaus Baldai, AB

Vilnius, Lithuania, 2013-07-09 15:05 CEST (GLOBE NEWSWIRE) -- 

On July 9, 2013 Vilniaus Baldai, AB received a notification from the its
shareholders Invalda LT, AB (company code 121304349); Invalda Privatus
Kapitalas, AB (company code 303075527); Darius Sulnis, Alvydas Banys, Indre
Miseikyte; Irena Ona Miseikiene; Greta Miseikyte-Myers and Vytautas Bucas,
holding together 73.87 percent of shares in Vilniaus Baldai, AB about the
decision of the Bank of Lithuania on approval of the circular of the non -
competitive mandatory tender offer to buy up remaining voting shares in
Vilniaus Baldai, AB. 

The tender offer price is EUR 14.869 (LTL 51.34) per ordinary registered share
with par value of LTL 4, ISIN code - LT0000104267. The tender offer
implementation period will last from July 15 2013 till July 29, 2013. 

The shareholders of Vilniaus Baldai, AB - Invalda Privatus Kapitalas, AB and
Invalda LT, AB - will acquire the shares offered during the tender offer,
though Invalda LT, AB may acquire 12.72 percent of shares in Vilniaus Baldai,
AB and Invalda Privatus Kapitalas, AB may acquire 13,41 percent. 

The milestones of the tender offer are stated in the attached summary tender
offer circular. 








         Additional information:
         Chief Financial Officer
         Ausra Kibirkstiene
         +370 5 2525720

Attachments:

MANDATORY TENDER OFFER CIRKULIAR SUMMARY .pdf