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Avia Solutions Group has completed the sale of a 49 percent shareholding of Baltic Aviation Academy UAB

25-06-2014


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 12 / 2014
Date of issue: 2014-06-25
Short name of the issuer
AVIA SOLUTIONS GROUP AB
Subject
Avia Solutions Group has completed the sale of a 49 percent shareholding of 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"), has completed the sale of 49 percent of shares of its subsidiary – Baltic Aviation Academy UAB, company code 300618099, registered address at Dariaus ir GirÄ—no str. 21, Vilnius, Lithuania (hereinafter referred as the “Subsidiary") to an unrelated third party.

Sales proceeds from the disposal of a 49 percent shareholding in Baltic Aviation Academy UAB amounted to EUR 1,28 million. Following the sale Avia Solutions Group AB remains the major shareholder of Baltic Aviation Academy UAB with a 51 per cent shareholding.

Source of information: Warsaw Stock Exchange

Annexes
File Description

Nazwa arkusza:


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)

Nazwa arkusza:


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2014-06-25 Irina Travkina Deputy CFO

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