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TARK GRUNTE SUTKIENE counselled in implementing one of the most successful mandatory tender offers in recent years concerning – the mandatory tender offer to buy up AB Snaigė shares


TARK GRUNTE SUTKIENE acted as legal advisers of KJK Fund SICAV-SIF, Firebird Republics Fund, Ltd. and Firebird Avrora Fund, Ltd. in submitting and implementing an official tender offer to buy up the remaining voting shares in AB Snaigė.

The value of shares acquired during the official tender offer achieved the aggregate amount of EUR 1.436 million (LTL 4.958 million).

TARK GRUNTE SUTKIENE, led by partner Vidmantas Drizga and associate attorney-at-law Mantas Gofmanas, was the offerors’ legal advisers who drafted the circular of the tender offer, as well as all other documents related to the project, represented the offerors before the Securities Commission of the Republic of Lithuania, AB NASDAQ OMX Vilnius, and preformed all other necessary actions concerning the tender offer.  

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