AGROWILL GROUP AB - Regarding the decision of the Supervision Service of the Bank of Lithuania

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 121 / 2017

Data sporządzenia: 2017-10-09

Skrócona nazwa emitenta

AGROWILL GROUP AB

Temat

Regarding the decision of the Supervision Service of the Bank of Lithuania

Podstawa prawna

Treść raportu:

Under the Decision No. 241-59 of 3 April 2017 of the Supervision Service of the Bank of Lithuania (herein – Decision) AUGA group, AB, was obliged to ensure that no later than before 1 October 2017 the fair value of 100% block of shares of UAB eTime Invest (herein – Assets), which was used as the payment for a part of the authorised capital of AUGA group, AB, is re-evaluated. Should it be established that the shares of AUGA group, AB, are not fully paid up, to ensure that this situation is rectified retrospectively according to the requirements of the law. In order to perform the instructions provided in the Decision, the Company ordered evaluation of the Assets. Company received Assets valuation report from UAB „Newsec Valuations“ 2017.10.02, whereunder the true / market value of the Assets on the date of their acquisition (15.04.2017) is 16,900,000 litas. Given that the value of the Assets under the latter evaluation is not less than the value of 12.03.2014 valuation report of UAB „Oberhaus Nekilnojamasis turtas“, on the basis of which part of the Company‘s authorised capital was paid up in 15.04.2014 (value of the Assets under Oberhaus valuation – 16,700,000 litas), it is deemed that the shares of teh Company are duly and fully paid up in accordance with the requirements of the applicable laws.

MESSAGE (ENGLISH VERSION)

AGROWILL GROUP AB

(pełna nazwa emitenta)

AGROWILL GROUP AB Spożywczy (spo)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

Wilno

(kod pocztowy) (miejscowość)

Smolensko 10

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

(e-mail) (www)

LT100001193419 126264360

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2017-10-09 General manager Linas Bulzgys