Related Party Transaction • Aug 29, 2011
Related Party Transaction
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Disclosure 289282
Alytus, Lithuania, 2011-08-29 15:32 CEST (GLOBE NEWSWIRE) -- Snaigė AB, legal entity code: 249664610, office address: Pramonės str. 6, Alytus. Hereby Snaigė AB provides additional information related to the notification on material event of 24 August 2011 regarding the buyer of the Term Sheet of 18 July 2011 regarding sale-purchase of shares of the company. On 29 August 2011 Snaigė AB has received the information from the buyer according to the indicated Term Sheet TETAL GLOBAL LTD (hereinafter, the “Buyer”) on the relations of the Buyer and the Russian company “Polair”, according to which the controlling shareholder of the Buyer is Aleksei Kovalchuk, who also holds the controlling block of shares in the company “Polair”. Managing Director Gediminas Čeika +370 315 56206
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