| All subsidiary agricultural companies of Agrowill Group (®ŪB "Agrowill Alanta“, ®ŪB "Agrowill Smilgiai“, ®ŪB "Agrowill Mantvili¹kis“, ®ŪB "Agrowill Lankesa“, ®ŪB "Agrowill Dum¹i¹kės“, ®ŪB "Agrowill Jurbarkai“, ®ŪB "Agrowill Eimuèiai“, ®ŪB "Agrowill ®ad¾iūnai“, ®ŪB "Agrowill Nausodė“, ®ŪB "Agrowill ®elsvelė“) today finish their settlement with creditors under restructuring procedures. Creditors of these agricultural companies today receive the remaining - 85 percent of their creditor‘s amount - EUR 1.56 million according to the restructuring plans. 15 percent of their claims creditors of these agricultural companies already received in December, 2014. After final settlement with the creditors in accordance with law the subsidiary agricultural companies will apply to the courts for the completion of the process of restructuring. Agrowill Group, AB notes that settlements with creditors of the parent company and the subsidiary companies were carried out exactly as envisaged in the restructuring plan of each company. Thus, all subsidiary agricultural companies of Agrowill Group finished their settlement with creditors under restructuring procedures. | |
