HÜVITUSFOND

ANNOUNCEMENT

22.10.99

 

 

ACQUISITION OF SUBSTANTIAL SHAREHOLDING

 

The Supervisory Board of Hüvitusfond resolved today to acquire from 

Pareks Banka 49% shareholding in Latvian fish processing company 

Brivais Vilnis for reselling purposes. In accordance with the agreement 

between the parties, the terms and conditions of the transaction are 

confidential. The transaction does not have a significant impact on the 

financial results of Hüvitusfond.

 

 

Public Relations manager

Hüvitusfond

+372 66 51 800, 824, +372 51 04 614