AVIA SOLUTIONS GROUP AB - Avia Solutions Group AB has completed a buy‑back of 49 percent sharehol ...

AVIA SOLUTIONS GROUP AB - Avia Solutions Group AB has completed a buy-back of 49 percent shareholding in Baltic Aviation Academy UAB (16/2014)

04.09.2014 | aktual.: 04.09.2014 11:48

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 16 / 2014
Date of issue: 2014-09-04
Short name of the issuer
AVIA SOLUTIONS GROUP AB
Subject
Avia Solutions Group AB has completed a buy-back of 49 percent shareholding in Baltic Aviation Academy UAB
Official market - legal basis
Inne uregulowania
Unofficial market - legal basis
Contents of the report:
Avia Solutions Group AB, company code 302541648, registered address at Smolensko str. 10, Vilnius, Lithuania (hereinafter referred to as the Company or Avia Solutions Group), completed a buy-back of 49% of the share capital in its subsidiary, Baltic Aviation Academy UAB, company code 300618099, registered address at Dariaus ir Gir?no str. 21, Vilnius, Lithuania (hereinafter referred as the Subsidiary or Baltic Aviation Academy) from an unrelated third party (hereinafter referred as the Seller). In June 2014 the Seller purchased 49 percent stake in the Subsidiary, however was not unable to fulfill certain condition subsequent relating to business development. As a result the Company exercised call option and bought back entire shareholding in Baltic Aviation Academy at consideration received during the sale of this entity that amounted to EUR 1,28 million. Following the acquisition Avia Solutions Group is the sole shareholder of Baltic Aviation Academy.
Annexes
File Description

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

| | | | | | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
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| | | | | | | | | | | | | | |
| | | AVIA SOLUTIONS GROUP AB | | | | | | | | | | | |
| | | (fullname of the issuer) | | | | | | | | | | | |
| | | AVIA SOLUTIONS GROUP AB | | Usługi inne (uin) | | | | | | | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | | | | | | | |
| | | LT-30201 | | Wilno | | | | | | | | | |
| | | (post code) | | (city) | | | | | | | | | |
| | | Smolensko | | 10 | | | | | | | | | |
| | | (street) | | (number) | | | | | | | | | |
| | | +37052525500 | | +37052525501 | | | | | | | | | |
| | | (phone number) | | | (fax) | | | | | | | | |
| | | info@aviasg.com | | www.aviasg.com | | | | | | | | | |
| | | (e-mail) | | | (web site) | | | | | | | | |
| | | LT100005619918 | | 302541648 | | | | | | | | | |
| | | (NIP)
| | | (REGON) | | | | | | | | |
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2014-09-04 Irina Travkina Deputy CFO

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

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