Teksts
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The Management Board of JSC „Latvijas balzams” has assessed JSC
“Latvijas balzams” voluntary share buyout offer expressed by the
shareholder of JSC “Latvijas balzams” „Amber Beverage Group” Ltd.
and concluded that the offer comply with the laws and
regulations.
The Management Board of JSC „Latvijas balzams” evaluates positively
expressed voluntary share buyout offer: increased influence of the
“Amber Beverage Group” Ltd. will allow fasten the decision making
process and will give the company the ability to concentrate on its
core business -development and production of competitive products,
as well as the ability to react to the changes on the market in a
timely manner. This share buyout offer will not affect execution of
the company’s strategy and future plans. The shareholder has no
intention to change the profile of the company and place of
activity.
The share buyout offer expressed by the shareholder will not affect
the employment policy, employees of the company will maintain their
working positions according to concluded labour agreements.
On February 10, 2015 the Financial and capital market commission
has adopted a decision to permit the shareholder of JSC “Latvijas
balzams” „Amber Beverage Group” Ltd. to express JSC “Latvijas
balzams” voluntary share buyout offer, by approving the buyout
price of each share in the amount of 9.00 EUR. The offer is valid
for 30 calendar days commencing on February 16, 2016 by March 16,
2016 inclusive upon the condition that at least three per cent of
the shares are offered for redemption.
Information
about procedures by which shareholders can accept the offer is
published on the Nasdaq Baltic website:
http://www.nasdaqbaltic.com, www.oricgs.lv as well be found in the
company's home page www.lb.lv section " For Investors "
Dana Hasana
Head of Communications AS Latvijas balzams
Ph..: +371 67011711
Mob.:+371 26355895
dana.hasana@lb.lv
www.lb.lv
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