Liepajas metalurgs
The letter from JSC ‘MMC Dalpolymetal’
Liepajas metalurgs 28.08.2013 12:58 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Liepaja, 2013-08-28 12:58 CEST (GLOBE NEWSWIRE) -- Joint Stock Company 'Liepajas Metalurgs' informs that today, i.e., 28.08.2013, Company 'Dalpolimetal' in the name of the chairman of its board of directors Eduard Janakov has sent a letter to the shareholders of JSC 'Liepajas Metalurgs' Sergej Zaharjin and Ilja Segal - 'Dear sirs! On behalf of JSC 'MMC 'Dalpolymetal' I inform you that 'Dalpolymetal' has executed bank transfer to its affiliated companies in Latvia that is necessary for JSC 'Liepajas Metalurgs' to resume production. At the present moment the monetary funds in the amount of 25 000 000 EUR are in the accounts of the two affiliated companies of 'Dalpolymetal' in Latvia banks.' Company 'Dalpolymetal' has sent similar letter to the coordinator of the creditor club 'Prudentia Advisers'. The bank statement in the attachment to this letter confirms the text of the letter. In accordance to LPP plan the investors were to transfer 14 200 000 EUR (10 million LVL) to the company till 30.09.2013. LÄ«ga Å enfelde Assistant to the Chief Economist 63455926, shenfelde@metalurgs.lv News Source: NASDAQ OMX 28.08.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Liepajas metalurgs Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000100535 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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