AB “Grigeo” (official name is currently being changed to AB “Grigeo Group”, hereafter, company) has been implemented previously announced Structural changes in the Grigeo Group of companies. On April 30, 2024, the Company transferred its tissue paper business to its wholly owned subsidiary UAB “Grigeo Tissue” (corporate code 306639125, address Vilniaus g.). Data regarding companies located at Grygiškes 10, Vilnius, Republic of Lithuania are collected and stored in the Register of Legal Entities of the Republic of Lithuania (hereinafter -). grigio organization).
The transfer of the tissue paper business to Grigeo Tissue is carried out by increasing the authorized capital and paying for the newly issued shares in full with the company's in-kind contribution, i.e. the tissue paper business as a complex of assets, rights and obligations from the organized structure. It will be carried out. Perspectives are autonomous economic units in exchange for newly issued common shares of Grigeo Tissue.
The Company intends to acquire newly issued shares of Grigeo Tissue in exchange for the transfer of the tissue paper business, after the Articles of Incorporation of Grigeo Tissue are registered in the Register of Corporations of the Republic of Lithuania due to an increase in authorized capital.
Thomas Jozonis
Grigeo AB Chief Executive Officer
+370 5 243 58 01