Market announcement
Nordic Fibreboard AS
LEI code
54930002HOIXBD15OM06
Size of the entity
Small group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3040
Submission date and time
28.10.2010 17:11:47
Content of announcement in English
Title
VSN: Sale of subsidiary OÜ Visu
Message
Viisnurk Company Announcement 28.10.2010 Sale of subsidiary OÜ Visu On 27 October 2010 AS Viisnurk sold its 100% participation in company OÜ Visu to OÜ A2K Sport. The main terms of agreement are: - Transfer of ownership was on 27 October 2010; - Share purchase price was 45 thousand kroons (2,9 thousand euros); - OÜ Visu did not have any operations since foundation. OÜ Visu financial figures (revenue, assets and equity), compared to corresponding last available audited figures of Viisnurk Group, do not exceed the 10% level. It is therefore not a sale of significant holding within the meaning of “Requirements for Issuers” of the NASDAQ OMX Tallinn Stock Exchange regulations. Neither is it a significant related party transaction within the previously mentioned requirements. The members of the supervisory board and management board of AS Viisnurk do not have any personal interests in the sale of the company. AS Viisnurk is a wood-processing company, that manufactures and markets domestic furniture and building materials. Einar Pähkel CFO +372 447 8331 [email protected] http://www.viisnurk.ee