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Pieno Zvaigzdes

Transaction in Own Shares • Nov 11, 2015

2253_iss_2015-11-11_cb2aebea-5ddc-47a7-be8a-7384e0df2eae.html

Transaction in Own Shares

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Pieno Zvaigzdes - Notification on material event

Resolution by Pieno Zvaigzdes AB re share buy back

Vilnius, Lithuania, 2015-11-11 15:30 CET (GLOBE NEWSWIRE) -- As per resolution by the General Meeting of Shareholders‘ and the Board meeting of Pieno Zvaigzdes AB, the company initiates buy back of its own common shares of EUR 0,29 par value. The share buy back is decided through a way of official offer at NASDAQ OMX Vilnius. Share sale offers are accumulated through entire sale term. Should sale offers exceed share buy back in quantity, all offers are reduced in proportion. Share buy back starts: 13 November 2015. Share buy back ends: 26 November 2015. Max quantity of shares to be bought back: 4,500,000. Share buy back price: 1.48 EUR per share. Audrius Statulevicius CFO (+370 5) 246 1419