Lietuvos Juru Laivininkyste
PC “Lithuanian Shipping Company” signed an agreement to sell motor vessel “Alka”
DGAP-News: Lietuvos Juru Laivininkyste AB / 14.01.2014 / 08:21 --------------------------------------------------------------------- Klaipeda, Lithuania, 2014-01-14 08:21 CET (GLOBE NEWSWIRE) -- On the 13th January, 2014 Board of Directors of PC 'Lithuanian Shipping Company' (LJL) has approved an agreement to sell the motor vessel 'Alka'. 'Consistently implementing approved company's strategic business plan for the years 2014-2016, it was decided to sell this motor vessel, concentrating on the targeted 'Handysize' segment', - underlined Audronis Lubys, General Director of PC 'Lithuanian Shipping Company'. The conditions of the sale are confidential. The sale of motor vessel 'Alka' will not have any material effect on LJL financial results. Funds received from the sale will be used for working capital and repayment of the loans. For more information: PC 'Lithuanian Shipping Company' General Director Audronis Lubys Tel. (8 46) 39 31 04 E-mail: audronis.lubys@ljl.lt Arvydas Stropus Chief Accountant Ph.: (+370 46) 393126 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 14.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: Lietuvos Juru Laivininkyste AB Lithuania ISIN: LT0000125999 End of News DGAP News-Service --------------------------------------------------------------------- 247866 14.01.2014
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