AB “Grigeo” (the official name is currently being changed to AB “Grigeo Group”, hereinafter – the Company) has implemented previously announced structural changes of
The transfer of tissue paper business to Grigeo Tissue is implemented by increasing its authorised capital and paying for the entire newly issued shares by the Company’s contribution in-kind i.e. the tissue paper business, as a complex of assets, rights and obligations that from an organisational point of view is an autonomous economic unit, in exchange for newly issued ordinary shares of Grigeo Tissue.
The Company will acquire newly issued shares of Grigeo Tissue in exchange for transferred tissue paper business after the Articles of
Tomas Jozonis
Chief Executive Officer of
+370 5 243 58 01
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