|Emitents||Brīvais vilnis, AS (48510000158QBL0AK019)|
|Veids||Līdzdalības iegūšana vai zaudēšana|
Joint-stock company “Brivais vilnis” Board’s
Registration number: 40003056186,
Legal address: 1 Ostas Street, Salacgriva,
Salacgriva region, LV-4033, LATVIA
Salacgriva March 11, 2013
on mandatory proposal of share redemption
On February 28, 2013 the limited liability company “A Corporation”, registration No.40003799285, and the limited liability company “Brivais Vilnis Company”, registration No.40103202073, have received permission of the Financial and Capital Market Commission for publication of Mandatory proposal of share redemption from February 21, 2013 that was published in the official newspaper “Latvijas Vestnesis” on March 8, 2013 confirming redemption price for one share of the joint-stock company “Brivais vilnis” LVL 0,73 (seventy three santims).
The Board of the joint-stock company “Brivais vilnis” has assessed the mandatory proposal of share redemption of the limited liability company “A Corporation” and the limited liability company “Brivais Vilnis Company” and has concluded that it complies with legislative requirements. Taking into account that above mentioned companies have acquired shares, representing 90,85% of the joint-stock company’s “Brivais vilnis” share capital and voting shares, the Board considers that redemption of shares will positive impact on activity of the joint-stock company “Brivais vilnis”, because in previous years the company “A Corporation” Ltd. and the company “Brivais Vilnis Company” Ltd. have been major shareholders, whose decisions at shareholders` meeting have been directed to development and growth of the joint-stock company “Brivais vilnis”.
Taking into account the fact that Offerers are intended to continue the joint-stock company’s business, the Board considers that implementation of proposal is not related with change of business principles and suspension or termination of the key industry – production of canned fish.
Employees of the company will keep their jobs in accordance with concluded contracts. Accordingly employment in the joint-stock company “Brivais vilnis” will not be affected and the business establishment also will not be changed.
Chairman of the Board
of the JSC “Brivais vilnis”