AB “Limarko laivininkystes kompanija” received the judgement of 7 July 2014 of Klaipeda City Local Court in the case brought by Company’s shareholder UAB “Limarko” regarding the making of entries in the securities’ accounts about the transfer of ownership to shares of the Company. The court recognized that UAB “Limarko” has made payments to the shareholders who did not sell the shares during the squeeze-out procedure by depositing the funds into deposit account at “Swedbank”, AB. The court obliged the managers of securities’ account to make entries in the securities’ accounts about the transfer of ownership of shares to UAB “Limarko”.
Payments to shareholders shall be made after the court’s decision enters into force (in 30 days after the adoption of the decision). The shareholders shall be informed about the payment procedure by separate notice.
Mindaugas Petrauskas
Executive Director
Tel. +370 46 340001