Finasta Asset Management
Regarding Purchase of Blocks of Shares of Investment Management Companies
Baltikums Asset Management / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- JSC Akciju komercbanka Baltikums (Latvia) obtained permission from The Financial and Capital Market Commission to buy 100% shares of investment management company IJSC Finasta Asset Management from Invalda AB (Lithuania) In the May JSC Akciju komercbanka Baltikums signed the agreement with Invalda AB regarding acquisition of 100% shares of IJSC Finasta Asset Management (investment management company registered in the Republic of Latvia) and regarding sale to Invalda AB 100% shares of IJSC Baltikums Asset Management (investment management company registered in the Republic of Latvia). Investment funds of IJSC Finasta Asset Management will be transferred to IJSC Baltikums Asset Management, which already manages 3 investment and 2 pension funds. The transaction will be completed when all necessary actions and procedures are completed. News Source: NASDAQ OMX 29.07.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Baltikums Asset Management Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000400034 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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