Anyksciu Vynas : The company received an appeal of Plass Investments Limited regarding the decision of Court in the case on sale of the boiler house held by the company

Anyksciai, Lithuania, 2015-01-12 16:14 CET (GLOBE NEWSWIRE) -- On 9 January 2015 AB "ANYKŠČIŲ VYNAS" (hereinafter, the "Company") received the appeal of Plass Investments Limited regarding the abolishment of the decision of the Panev ėžys Regional Court of 2 December 2014 and request to adopt the new decision - to satisfy the claim of Plass Investments Limited. According to the indicated decision the Court has dismissed as ungrounded the claim of Plass Investments Limited regarding invalidation of the Agreement on purchase-sale of the boiler house and of the movable and immovable assets related thereto, concluded on 20 June 2013 by and between the Company (the seller) and the buyer, as well as on application of restitution, related to execution of this agreement (the Company and the buyer of the mentioned assets were included as the respondents in the case) . The Company has informed about the decision of the Panev ėžys Regional Court on 3 December 2014 by publishing a notification on material event.

In the opinion of management of the Company, the appeal of Plass Investments Limited is groundless, and the Company shall provide the court its response in due course.

Additional information is provided by director Audrius Zuzevičius, +370 381 50235.

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