Imoniu grupe ALITA, AB - Notification on material event

Notification regarding approval of the circular of the non-competitive mandatory tender offer

Alytus, Lithuania, 2012-01-19 13:38 CET (GLOBE NEWSWIRE) -- 

On 19 January 2012 company group ALITA AB received a notification from
shareholder FR&R Invest IGA S.A. about the decision of Bank of Lithuania of 18
January 2012 to approve the circular of a non-competitive mandatory tender
offer to buy up the remaining ordinary registered voting shares of company
group ALITA AB. 

The tender offer price is EUR 0.616 per 1 (one) ordinary registered share of
company group ALITA AB LTL 1 (one litas) par value (ISIN code LT0000128266)
each (equivalent in litas is equal to LTL 2.127). Commencement of the
implementation of the tender offer is on 24 January 2012, termination - on 13
February 2012. 

Comprehensive conditions of the tender offer are presented in the circular
attached (please see the annex). 




         Additional information is provided by the General Director Paulius
Kibiša, phone number + 370 315 57243.

Attachments:

Circular of the mandatory ALITA 02-11-2011.pdf