Alytus, Lithuania, 2011-11-14 15:13 CET (GLOBE NEWSWIRE) --
Snaige AB, legal entity code: 249664610, office address: Pramones str. 6,
Alytus (hereinafter, the "Company").
On 14 November 2011 the Board of the Company decided to terminate the public tender for sale of 100% of shares of OOO Techprominvest (hereinafter, "TPI"), held by the Company (as it is indicated in the notification on material event of the Company, dated 3 October 2011), as during the tender no offer was received, in which the purchase price of shares of TPI would be not less than the minimal sale price of this asset, set by the Company.
Managing Director Gediminas aeika +370 315 56206
On 14 November 2011 the Board of the Company decided to terminate the public tender for sale of 100% of shares of OOO Techprominvest (hereinafter, "TPI"), held by the Company (as it is indicated in the notification on material event of the Company, dated 3 October 2011), as during the tender no offer was received, in which the purchase price of shares of TPI would be not less than the minimal sale price of this asset, set by the Company.
Managing Director Gediminas aeika +370 315 56206
© 2011 GlobeNewswire
