Anyksciu Vynas - Notification on material event

Court terminated civil case regarding invalidation of the Agreement on sale of the boiler house held by the company

Anyksciai, Lithuania, 2015-02-27 15:23 CET (GLOBE NEWSWIRE) --  AB “ANYKŠČIŲ
VYNAS” (hereinafter, the “Company”) hereby informs, that Lithuanian Court of
Appeals by its ruling dated 25 February 2015 has terminated the civil case
initiated under 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). Lithuanian
Court of Appeals by the mentioned ruling approved a peaceful settlement
agreement, concluded among the Company, the buyer of the mentioned assets and
Plass Investments Limited, according to which Plass Investments Limited waived
its appeal regarding the decision of Panevėžys Regional Court dated 2 December
2014 and all its claims lodged in a civil case. Also Lithuanian Court of
Appeals abolished the decision of Panevėžys Regional Court dated 2 December
2014, adopted in this civil case (the Company has announced on the decision of
Panevėžys Regional Court on 3 December 2014 by notification on material event). 



Additional information is provided by director Audrius Zuzevičius, +370 381
50299.