Regarding the Transaction Concluded With the Issuer’s Securities

Supplemented, regarding the transaction price

Baltic Holding, UAB has concluded an agreement according to which it will acquire 5,047,912 shares of the public limited liability company ŽEMAITIJOS PIENAS in June 2018. The shares will be acquired from shareholders who act jointly based on a joint activity agreement, i.e. the Investors’ Association and other persons (shareholders). The price of the transaction is 2,20 EUR per share. The planned date of the completion of the transaction is 12 June 2018. The penalty of 500'000 EUR is established for the buyer and the largest sellers for refusal to complete the transaction, the penalty for smaller sellers is linked to the price of their shareholdings.

Gintaras Keliauskas
Lawyer
+ 370 444 22208