After the implementation of this secondary public offering, the company and its largest shareholder pooled a total amount of EUR 36 million. That was the largest secondary public offering in Lithuania. Furthermore, this is one of those rare occasions when the issuer’s shares are successfully transferred from the Additional Trading List to the Official Trading List.
TGS Baltic – Partners Vidmantas Drizga and Dalia Tamašauskaitė-Žilienė, Senior Associate Mantas Gofmanas – in this process were advisors to the company and its largest shareholder on the Lithuanian law issues, structured the transaction, drafted the prospectus of the company, as well as all other documents in connection with the project, represented the company in the Bank of Lithuania, Nasdaq CSD, SE, AB Nasdaq Vilnius and the Register of Legal Entities, and performed all other necessary actions related to the public offering of shares and their admission to trading on the regulated markets. Apart from TGS Baltic, in the transaction the company and its shareholders were also advised by international law firm Dentons Europe Dąbrowski i Wspólnicy sp. k. on Polish law issues.
AUGA group is one of the largest companies in Europe providing organic food products that operates according to the ‘from field to shelf’ principle. The company group cultivates around 38,000 ha of certified organic agricultural land, developing a sustainable agriculture model based on new technology, including crop, animal, poultry, and mushroom production.
