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AUGA (AUG): Regarding suspension of trade of shares of Agrowill Group AB

Raport bieżący nr 106/2016

Podstawa Prawna:


Agrowill Group AB informs that according to decision of Department of market operations of Nasdaq Vilnius AB, which followed after a request of Bank of Lithuania, the trading of Company shares in the regulated market is suspended. The decision was initiated as Company‘s annual information for 2015 (annual report and financial statements) is not yet dislosed to the public.

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The Company informs that annual information is not disclosed as the Company has not received an independent auditors report from KPMG Baltics UAB regarding it‘s consolidated annual report and consolidated and standalone financial statements for the year ended 31 December 2015.

According to the agreement with audit company KPMG Baltics UAB, the term to complete audit of the Company was April 2016. However, up until current moment, the auditor has not issued auditor‘s report regarding the annual information for 2015. Due to above-mentioned reason the Company can not present it‘s annual information for approval of shareholders meeting and disclose it.

The Company strives to present to investors full and comprehensive information, but it has no power to influence the decisions of independent auditor, including various audit procedures and terms.

After receipt of audit report, Agrowill Group AB will immediately convene the shareholders meeting and present for it‘s approval the annual information for the year ended 31 December 2015. The trading of Companies shares will resume thereafter.


PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
DataImię i NazwiskoStanowisko/FunkcjaPodpis
2016-07-12Vladas BagaviciusMember of the Board

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