Agrowill Group AB shares on the Main List of the Vilnius Stock Exchange
02.04.2008
VLN
Baltic Market, April 2, 2008 – From today (April 2, 2008) shares of Agrowill Group AB are admitted to the Main List of the Vilnius Stock Exchange (VSE). The decision was made at the VSE Management Board meeting on April 1, 2008, considering that Agrowill Group AB had fulfilled the conditions set by the VSE Management Board.
“The debut of Agrowill Group shares on the stock exchanges marks a new and important milestone in the company’s history. The fact that the company’s public offering was a success despite very pessimistic moods on the capital markets gives us further assurance that we are on the right track,” – said Valentas Sulskas, CEO of Agrowill Group AB.
“We are truly pleased that Agrowill Group AB succeeded with their public offering and proudly welcome a new company to our Main list. The new entrant is the first company from the agricultural sector listed on the Baltic market, presenting a new investment opportunity for institutional and retail investors. Starting from the first trading day Orion Securities will act as a market maker in the shares of Agrowill Group AB”,- said Arminta Saladziene, Chairman of the Management Board of the Vilnius Stock Exchange
The Vilnius Stock Exchange opens a dedicated web page containing real-time trading information of Agrowill Group AB shares. The real-time information can be reached at the Baltic Market Data website www.omxnordicexchange.com/balticmarket until April 9, 2008.
During the offering period altogether 6,777,777 shares of Agrowill Group AB were subscribed. This continues 25 percent of all outstanding shares of the company. The final offering price per one share is set at a flat rate of LTL 5 (EUR 1.45) for all investors who acquired the shares.
Approximately 97.3% of the offered shares were distributed to institutional investors and 2.7% – to retail investors.
Media Contacts:
Gintare Blazyte, Communication Manager
Vilnius Stock Exchange +370 5 272 34 58