Securities Commission approves Agrowill Group’s prospectus

The Securities Commission has approved a share issue prospectus of agricultural investment and development company Agrowill Group. The public share offering to small investors will start on 8 September and will last until 18 September.

The organiser of the public offering, Finasta Įmonių Finansai, plans to offer small investors 1,545,015 shares. The shares will be distributed by financial brokerage company Finasta and financial brokerage company Orion Securities. Applications for the acquisition of shares can be submitted at their representative offices. The maximum amount that can be spent by one investor on shares is LTL 50,000. 

“The public offering of shares to small investors is aimed at increasing the liquidity of Agrowill Group shares in the market and encouraging long-term interest in the company. Attracted funds will be used to finance future acquisition of companies,” Valentas Šulskis, General Manager of Agrowill Group, said. 
Small investors will be offered one-third of the share issue at a price of LTL 5.80 per share. The other two-thirds of the share issue (3,090,030 shares) are planned to be acquired by ŽIA Valda, the main shareholder of Agrowill Group. 

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