AB “K2 LT“, legal entity code 301950535, registered office address Metalistų st. 3, Kėdainiai (the Company), hereby informs that on 15 April 2026 the Management Board of the Company, in implementation of the resolution of the Annual Meeting of Shareholders of the Company of 7 April 2026 on the acquisition of the Company’s own shares, has approved the procedure for the acquisition of own shares under the following conditions:
1. Start of share acquisition – 27 April 2026;
2. End of share acquisition – 25 May 2026;
3. Maximum number of shares to be acquired – 31,182, representing up to 10% of all the Company's shares;
4. Share acquisition price – EUR 29.80 per share;
5. Total maximum value of shares to be acquired – EUR 929,223.60;
6. Settlement date – 27 May 2026.
The Company’s shares shall be purchased on the First North alternative trading market administered by AB Nasdaq Vilnius and/or through direct transactions outside the regulated market and multilateral trading facility (OTC transactions). Orders to sell shares shall be accumulated throughout the entire share acquisition period. Should the supply of shares exceed the maximum number of shares to be acquired, all sellers shall have the number of their offered shares reduced proportionally. In the case of direct transactions, the acquisition price per share may not exceed the set acquisition price per share.
AB Artea Bank (company code 112025254, registered office at Tilžės st. 149, Šiauliai) acts as an intermediary in the acquisition of own shares.
The procedure for the acquisition of own shares may be repeated at weekly intervals until the maximum number of shares has been acquired or the authorisation granted by the General Meeting of Shareholders expires, with the acquisition and settlement dates adjusted accordingly.
Additional Information:
The purpose of the acquisition of own shares is to increase the liquidity of the Company’s shares, with a view to eliminating any negative impact on minority shareholders resulting from the discontinuation of trading in the Company’s shares on the First North multilateral trading facility, in accordance with the resolution of the Extraordinary Meeting of Shareholders of the Company of 10 March 2026 on the discontinuation of trading in the Company’s shares on the First North market, and to reduce the share capital of the Company by cancelling the shares acquired by the Company.
Bernardas Vilkelis
CEO