During the mandatory tender offer the major shareholders of one of the largest Lithuanian furniture manufacturer Vilniaus Baldai AB increased their stake in the Company by acquisition of the stake of 13.9 percent for the total amount of EUR 8.041 million (LTL 27.764 million).

The investment company Invalda LT AB announced that it increased the stake in Vilniaus Baldai AB to 45.4 percent and Invalda Privatus Kapitalas increased its stake to 40.65 percent. Furthermore, the Investment fund KJK Fund informed about sale of the entire stake of 10 percent of shares in Vilniaus Baldai AB.

The implementation of the official tender offer was ended on the Stock Exchange of NASDAQ OMX Vilnius on July 29, 2013; the transactions were settled on August 1, 2013.


Additional information:
Chief Financial Officer
Ausra Kibirkstiene
Tel +370 5 2525720