On 18 November 2010 Invalda AB, the Tiltra Group AB and AB Kauno Tiltai (further – Tiltra Group) and their shareholders, and Polish company Trakcja Polska S. A. and Comsa Emte group (Spain) entered into Agreement regarding merger of activities of Trakcja Polska and Tiltra Group. As announced earlier, the Agreement shall expire in the event no transaction completion has occurred on or prior to 31 March 2011.
As the transaction was not closed by this date, the above-mentioned Agreement has expired.
Darius Sulnis
President
Tel. +370 52734876