Gubernija: Signed purchase and sale agreements regarding sale of a controlling block of shares of the Company

Šiauliai, Lietuva" 2017-12-07 15:56 CET (GLOBE NEWSWIRE) --
Gubernija AB (hereinafter, the "Company") was informed that the main
shareholders of the Company Vitas Tomkus and Respublikos spaustuve UAB
(hereinafter, the "Sellers") signed the Company's shares purchase and sale
agreements (hereinafter, the "Agreements") with AB MV GROUP Production (
hereafter, the "Buyer"). 

Agreements have been agreed on 39 % sale of the Company's shares. The sale
price of the company's shares will be finalized at the completion of the
transaction. 

Under the Agreements, the Buyer will acquire ownership of the Company's shares
and become a shareholder of the Company only if the preconditions for the
conclusion of the transaction provided for in the Agreements will occur, among
which the main condition is the issue of the concentration permit of the
Competition Council of the Republic of Lithuania to the Buyer. 

As the Company was informed, in the near future (time) the Buyer will apply to
the Competition Council of the Republic of Lithuania for permission to fulfill
the concentration by purchasing the Buyer up to 100 % of the Company's shares. 

The further progress of the implementation of the Agreements will be notified
accordingly. 

Gubernija AB
General Manager
Vijoleta Dunauskiene
[phone]