LEKS KINDLUSTUSE AS

ANNOUNCEMENT

17.11.1999

 

NEGOTIATIONS ABOUT SALE OF SHAREHOLDING

 

The Supervisory Board of Leks Kindlustuse AS held an extraordinary 

meeting to discuss the progress of negotiations between Eesti 

Ühispank and Alte Leipziger Group about sale of majority 

shareholding in Leks Kindlustuse AS. According to the announcement 

of the Supervisory Board of Leks Kindlustuse AS, negotiations are 

held for sale of up to 67% holding in the company; the 

aforementioned negotiations are held between Eesti Ühispank and OÜ 

Slinkerit.

 

Due to the buyer's request to get an overview of Leks Kindlustuse 

AS assets and liabilities, the Supervisory Board of Leks 

Kindlustuse AS resolved to allow Alte Leipziger Group to conduct 

due diligence between 17.11.1999 until 10.12.1999.

 

 

Pille Eikner

+372 66 58 200