A.Šabūnas acquired 10% of AB Utenos Trikotažas shares

Utena, Lithuania, 2016-09-06 16:05 CEST (GLOBE NEWSWIRE) — Algirdas Šabūnas acquired 950 300 units of AB Utenos Trikotažas shares from the SBA Concern. During the transaction, 0.55 EUR were paid for shares with a 0.29 EUR nominal value.

Since A.Šabūnas acquired 10% of AB Utenos Trikotažas shares, the distribution of the company’s shares will change from the 2^nd of September. After the transaction, the SBA Concern holds the main qualifying holding – 76.76%, A.Šabūnas – 10%, other shareholders – 13.24% of AB Utenos Trikotažas shares.

For more details on the material event, please contact Andrej Grobov, the Finance Director of AB “Utenos trikotazas”, on +370 389 63080.