Expression of Will to Sell Option Shares of Agrowill
1. Vretola Holdings Limited, registered in the Republic of Cyprus, legal entity code HE270472 (the number of the option shares: 27.511.660);
2. UAB Eastern Agro Holdings, registered in the Republic of Lithuania, legal entity code 300125868 (the number of the option shares: 8.728.512);
3. Harberin Enterprises Limited, registered in the Republic of Cyprus, legal entity code HE 268672 (the number of the option shares: 2.000.000);
4. Volemer Holdings Limited, registered in the Republic of Cyprus, legal entity code HE 268133 (the number of the option shares: 28.440.895);
5. Domantas Savi?ius (the number of the option shares: 766.857);
6. Marius ?utautas (the number of the option shares: 435.000);
7. Vladas Bagavi?ius (the number of the option shares: 645.000).
According to the agreements signed with the Sellers indicated in items 1-3 above, the option price is EUR 0.622 for 1 (one) share of the Company if Baltic Champs Group, UAB pays the option price to a relevant Seller by 15 November 2016 inclusively or EUR 0.721 for 1 (one) share of the Company if Baltic Champs Group, UAB pays the option price to a relevant Seller by 15 November 2017 inclusively.
According to the agreements signed with the Sellers indicated in items 4-7 above, the option price is EUR 0.579 for 1 (one) share of the Company if Baltic Champs Group, UAB pays the option price to a relevant Seller by 15 November 2016 inclusively or EUR 0.666 for 1 (one) share of the Company if Baltic Champs Group, UAB pays the option price to a relevant Seller by 15 November 2017 inclusively.
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