Majority shareholders of VALMIERAS STIKLA ŠĶIEDRA, AS concludes agreement with Duke I S.à r.l.

AS VALMIERAS STIKLA ŠĶIEDRA (registration No.: 40003031676, legal address: Cempu iela 13, Valmiera, LV-4201) (hereinafter – the “Company”) hereby announces that according to information provided by majority shareholders, an agreement has been entered into for the sale and purchase of an aggregate 83.14% (eighty-three point fourteen per cent) of the number of shares in the share capital of the Company, upon the terms and subject to the conditions set forth in the Share Purchase Agreement entered into between the group of controlling shareholders of the Company on the one hand, and Duke I S.à r.l. (“Duke”), a Luxembourg private limited liability company, on the other hand (hereinafter – “Sale and Purchase”). Duke is a Luxembourg subsidiary of Warwick European Opportunities Fund III LP which is an Alternative Investment Fund managed by Warwick Capital Partners LLP (“Warwick”). Warwick is a London based investment manager which focuses on European special situations and manages funds with aggregate assets under management (AUM) in excess of USD 2 billion.

 

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