Klaipedos Baldai - Notification on material event

AB “Klaipedos baldai” Board decision concerning purchase of own shares

   Carrying out the decision of AB „Klaipedos baldai“ general Shareholders‘
Meeting, held on 29 April 2014, to purchase up to 10 percent of the Company's
shares, the Board has taken the resolution: 

1.1. To purchase up to 757.182 (Seven hundred and fifty-seven thousand and one
hundred eighty two) units of ordinary registered 1(one) litas(LTL) nominal
value shares of AB “Klaipedos baldai”. 

1.2 To set the purchase price of own share equal to 9.771424 LTL for one
ordinary registered share of AB “Klaipedos baldai”. 

1.3 The duration of the purchase of own shares - 15 days. The shares should be
bought from 2014 August 04 until 2014 August 18 (inclusive), empowering the
Head of the Company / the other person to sign the share purchase agreement.
These agreements are signed at the premises of the Company (Room No. 11​​,
weekdays from 9 am. till 16 pm.). 

1.4 Should sale offers exceed quantity of shares to be acquired, all offers
shall be reduced in proportion. 



Klaipedos baldai AB

Managing Director

Vidas Mišeikis



For supplementary information contact:

Strategic Marketing Manager of Concern “SBA”

Olga Belova

Tel. +370 612 09 000