Snaige AB — Capital/Financing Update 2011

Apr 11, 2011

Disclosure 286352

Snaige AB - Notification on material event

Snaigė AB has fully redeemed the bonds issued in 2010

Alytus, Lithuania, 2011-04-11 16:22 CEST (GLOBE NEWSWIRE) -- On the 11th of April, 2011, Snaigė AB had fully redeemed the bonds LT1000401315 - 61 372 units, issued in 2010. The part of the bonds (23 086 units) was converted by Company‘s shareholders into Snaigė AB ordinary shares, the rest was redeemed by the Company Snaige AB. Managing Director Gediminas Čeika +370 315 56206