Grigiskes AB - Notification on material event

GRIGISKES AB notification on the final number of allocated shares and allocation thereof

Vilnius, Lithuania, 2013-05-30 09:24 CEST (GLOBE NEWSWIRE) -- On 30 May 2013,
the Board of Grigiskes AB (the “Company”), referring to the resolutions of the
annual general meeting of shareholders of the Company held on 26 April 2013
(the “Resolutions”), also taking into account the recommendation of Orion
securities UAB FMI, which is the lead manager of the offering of newly issued
shares of the Company (“Orion”), inter alia decided: 

1) to determine that the final number of new shares of the Company issued in
fulfilment of the Resolutions (the “New Shares”) (accordingly, also the number
of the Company's shares lent by GINVILDOS INVESTICIJA UAB for the purposes of
the offering which are sold by Orion (the “Borrowed Shares”)) is 5,700,000
(five million seven hundred thousand); 

2) to allocate the Borrowed Shares (in total 5,700,000 units) for the offer
price, established by the Board of the Company on 6 May 2013 (EUR 0.51,
equivalent in litas - LTL 1.76) as follows: (i) 4,003,760 units shall be
allocated to the existing shareholders of the Company, being the shareholders
at the close of 24 May 2013, (ii) 476,078 units shall be allocated to the
retail investors and (iii) 1,220,162 units shall be allocated to the
institutional investors. 


         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01