Nasdaq Vilnius: Observation status is continued to apply to AB Vilniaus degtine

Nasdaq Vilnius decided to continue to apply observation status to AB Vilniaus
degtine (VDG1L, ISIN code: LT0000112450) based on the Company's request
submitted to Nasdaq Vilnius to remove the shares of AB Vilniaus degtine from
the Nasdaq Vilnius Secondary list. 

The observation status was continued to apply to AB Vilniaus degtine on
18-01-2017 based on the Company's announcement regarding a notification
received from its main shareholder Marie Brizard Wine & Spirits owning 97,84%
of voting rights in the general meeting of shareholders of AB Vilniaus degtine,
that it will implement mandatory acquisition of AB Vilniaus degtine shares. For
one ordinary registered share of the Company MBWS offered 0,432 EUR. 

MBWS demanded that all the remaining shareholders of the Company would sell
shares of AB Vilniaus degtine owned by them until 11th of April, 2017 or
exercise their right to contest price offered for the shares, according to
procedures stated by Article 42 Part 13 of the Law on Securities. 

If any of the shareholders fail to sell their shares, MBWS shall request that
the shares of the Company which were not sold would be recorded to the
securities account of MBWS, i.e. that would be made records regarding the
transfer of ownership to the shares to MBWS. 

The observation status was applied to AB Vilniaus degtine on 29-11-2016 based
on Company's information that the circular of the Company's shareholder Marie
Brizard Wine & Spirits has been approved, by which the shareholder is seeking
to buy remaining shares of AB Vilniaus degtine. The mandatory tender offer to
buy AB Vilniaus degtine shares was executed during the period from 02-12-2016
until 15-12-2016. 

In the general meeting of shareholders of AB Vilniaus degtine which was
convened on 4 November 2016, it was decided to remove the Company's shares from
AB Nasdaq Vilnius stock exchange Secondary List and to suspend public offer of
Company's shares. 

The purpose of applying observation status is to alert the market participants.



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