Zemaitijos Pienas
Notification on material event

REGARDING CONCLUDING THE TRANSACTION BETWEEN ASSOCIATED PARTIES

Žemaitijos pienas, AB concluded the real estate purchase and sale contract with the associated party Šilutės Rambynas, AB-F on 18 April 2019 (industrial, administrative, auxiliary and other premises and yard structures) located at Klaipėdos g. 3, Šilutė town, under which the said property was sold to Šilutės Rambynas, AB-F.
The Company announced on 26 March 2019 that the Company's Audit Committee, having examined the application of Šilutės Rambynas, AB-F, concluded that the provisions of the purchase and sale agreement complied with the market conditions and therefore the Committee did not object to such a transaction.

Gintaras Keliauskas
Lawyer
+ 370 444 22208
g.keliauskas@zpienas.lt

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Žemaitijos pienas AB published this content on 19 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2019 07:32:04 UTC