Tillkännagivande • Aug 20
PST Group Receives Approval of the Circular of the Tender Offer, Aimed At Delisting the Shares from Trading on AB Nasdaq Vilnius On 19 August 2025 PST Group AB (hereinafter, the “Company”) received a notification from its shareholder AB “HISK” about the decision of the Bank of Lithuania to approve the circular of a tender offer, aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius. The tender offer price is EUR 0.76 (seventy-six cents) per 1 (one) ordinary registered share of the Company EUR 0.29 (twenty-nine cents) par value each (ISIN code LT0000101446). Commencement of the implementation of the tender offer is on 25 August 2025, termination – on 1 October 2025. Tillkännagivande • Jul 06
Ab Hisk proposed to acquire remaining 50.22% stake in PST Group AB (NSEL:PTR1L) for €6.2 million. Ab Hisk proposed to acquire remaining 50.22% stake in PST Group AB (NSEL:PTR1L) for €6.2 million on June 30, 2025. As part of acquisition, 8,211,068 shares will be acquired for €0.76 per share. Upon completion, Ab Hisk will own 100% stake in PST Group AB.
The transaction is subject to approval of Bank of Lithuania. New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€12.2m market cap, or US$14.4m). Reported Earnings • Apr 09
Full year 2024 earnings released: €0.38 loss per share (vs €0.20 profit in FY 2023) Full year 2024 results: €0.38 loss per share (down from €0.20 profit in FY 2023). Revenue: €100.7m (down 16% from FY 2023). Net loss: €6.13m (down 284% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 09
AB Panevezio Statybos Trestas, Annual General Meeting, Apr 29, 2025 AB Panevezio Statybos Trestas, Annual General Meeting, Apr 29, 2025, at 11:00 FLE Standard Time. Tillkännagivande • Dec 18
AB Panevezio Statybos Trestas to Report First Half, 2025 Results on Aug 29, 2025 AB Panevezio Statybos Trestas announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Market cap is less than US$10m (€8.60m market cap, or US$9.30m). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. New Risk • May 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 494% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Market cap is less than US$10m (€8.53m market cap, or US$9.23m). Minor Risk Large one-off items impacting financial results. Board Change • May 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Darijus Vilcinskas was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 30
AB Panevezio Statybos Trestas Announces Board and Audit Committee Appointments AB Panevezio Statybos Trestas at its Annual General Meeting held on 30 April 2024, approved the election of Drasutis Liatukas (as an independent member); Irena Kriauciuniene (as an independent member); and Lina Rageliene as members to the audit committee. The company approved the election of Gintautas Mazeika (born in 1967) as a member to the Board of Panevezio statybos trestas AB from 30 April 2023. Education – Finance and Business administration (EMBA). Participation in activities of other companies – PRO BRO Group UAB, Svaros broliai UAB – an independent member of the Board, Sypsenos akademija UAB – the Chairman, Mazeika ir partneriai UAB – the Managing Partner. Tillkännagivande • Apr 12
AB Panevezio Statybos Trestas, Annual General Meeting, Apr 30, 2024 AB Panevezio Statybos Trestas, Annual General Meeting, Apr 30, 2024, at 11:00 E. Europe Standard Time. Location: AB Panevezio Statybos Trestas P. Puzino Str. 1 Panevezys Lithuania Agenda: To consider presentation of the independent auditors’ report; to consider Consolidated Annual Report; to consider approval of the set of Financial Statements; to consider appropriation of profit (loss); to consider election of the members to the audit committee; and to consider election of the member to the Board. Tillkännagivande • Mar 28
Panevezio statybos trestas AB Announces Resignation of Gvidas Drobuzas from the Board Panevezio statybos trestas AB informs that the Board Member Gvidas Drobuzas resigned as a Board Member of the Company. After resignation of the Board Member, a new Board Member of the Company will be elected at the Ordinary General Meeting of Shareholders. New Risk • Jan 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (€8.01m market cap, or US$8.68m). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Dec 19
AB Panevezio Statybos Trestas to Report First Half, 2024 Results on Aug 30, 2024 AB Panevezio Statybos Trestas announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Dec 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (€7.75m market cap, or US$8.43m). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Oct 31
Panevezio statybos trestas AB Appoints Darijus Vilcinskas as Independent Member to the Board, Effective 31 October 2023 Panevezio statybos trestas AB announced that at the EGM was held on 30 October 2023, the company approved the appointment of Darijus Vilcinskas as independent member to the Board, from 31 October 2023. Education – Vilnius Gediminas Technical University (VILNIUS TECH), Master Degree.Participation in activities of other companies – VIP Centras UAB, VK Invest UAB, Restoda UAB. Reported Earnings • Sep 04
First half 2023 earnings released: EPS: €0.26 (vs €0.03 loss in 1H 2022) First half 2023 results: EPS: €0.26 (up from €0.03 loss in 1H 2022). Revenue: €59.7m (up 8.2% from 1H 2022). Net income: €4.25m (up €4.74m from 1H 2022). Profit margin: 7.1% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Sep 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (€8.26m market cap, or US$8.91m). Minor Risk Large one-off items impacting financial results. Tillkännagivande • Aug 01
AB Panevezio Statybos Trestas Appoints Tomas Stukas as CEO The Board of Panevežio statybos trestas, AB (PST) has appointed Tomas Stukas as the company's CEO. Egidijus Urbonas, who has held this position for the last three years, will remain in the Group's management team and continue his career as PST director of construction. T. Stukas recently held the positions of CEO at several PST group companies – Hustal UAB and Aluminio fasadai UAB. He has been with the Group since 2020 and has ~14 years of experience in the construction and engineering Sector. Reported Earnings • May 10
Full year 2022 earnings released: EPS: €0.03 (vs €0.19 in FY 2021) Full year 2022 results: EPS: €0.03 (down from €0.19 in FY 2021). Revenue: €115.8m (up 18% from FY 2021). Net income: €488.0k (down 84% from FY 2021). Profit margin: 0.4% (down from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Tillkännagivande • Dec 22
AB Panevezio Statybos Trestas to Report First Half, 2023 Results on Aug 31, 2023 AB Panevezio Statybos Trestas announced that they will report first half, 2023 results on Aug 31, 2023 Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Board Justas Jasiunas is the most experienced director on the board, commencing their role in 2018. Independent Director Vaidas Grincevicius was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: €0 (vs €0.19 in 1H 2021) First half 2022 results: EPS: €0 (down from €0.19 in 1H 2021). Revenue: €55.2m (up 17% from 1H 2021). Net loss: €486.0k (down 116% from profit in 1H 2021). Reported Earnings • May 01
Full year 2021 earnings released: EPS: €0.20 (vs €0.58 loss in FY 2020) Full year 2021 results: EPS: €0.20 (up from €0.58 loss in FY 2020). Revenue: €98.5m (up 31% from FY 2020). Net income: €3.05m (up €12.6m from FY 2020). Profit margin: 3.1% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Chairman of the Board Justas Jasiunas is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Mar 29
AB Panevezio Statybos Trestas, Annual General Meeting, Apr 28, 2022 AB Panevezio Statybos Trestas, Annual General Meeting, Apr 28, 2022, at 11:00 E. Europe Standard Time. Location: meeting room of Panevezio statybos trestas AB P. Puzino Str. 1, Panevezys Lithuania Agenda: To consider audit opinion on the Financial Statements and Annual Report of the company for the year 2021; to consider Annual Report of the company for the year 2021; to consider approval of a set of Financial Statements of the company for the year 2021; to consider appropriation of profit (loss) of the company for the year 2021; to consider election of members to the audit committee; and to consider other matters. Reported Earnings • Apr 05
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €74.9m (down 32% from FY 2019). Net loss: €9.50m (down €9.91m from profit in FY 2019). Is New 90 Day High Low • Mar 02
New 90-day low: €0.52 The company is down 5.0% from its price of €0.54 on 01 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. Tillkännagivande • Feb 24
PST Signs EUR 21.083 Million Value Contract for Construction of Lazdynai Swimming Pool After winning the public tender Panevezio statybos trestas AB (PST) was awarded and signed the contract with the Vilnius City Municipality for construction of the Lazdynai Swimming Pool. The total value of the contract reaches Signs EUR 21.083 million. Euros (incl. VAT). The construction activities of the swimming pool will be resumed in the nearest future and completed by the beginning of 2022. The Lazdynai Multifunctional Wellness Centre will have two modern 50 and 25 meter long swimming pools with the seats for 1,200 spectators near them. The centre will also have training gyms, sauna areas, modern showers and changing rooms for visitors. Next to the building, there will be a parking lot for 105 cars, and the renewed surrounding infrastructure and public spaces. Reconstruction of the Lazdynai Swimming Pool had been started back in 2017, however in 2019 it was suspended after the previous contractor had ceased its operations. Last year in December the Vilnius City Municipality announced the public tender for a new contractor. Tillkännagivande • Feb 04
Panevezio statybos trestas AB Entrusted with Construction of New Shopping Centre Senukai in Vilnius Panevezio statybos trestas AB (PST) has signed the contract for construction of the building for the new shopping centre Senukai in Vilnius. It will be located in the area of shopping and entertainment centres to be created next to the Pilaite Neighbourhood near Pilaite Avenue and Western Bypass. The project value exceeds EUR 7 million (incl. VAT). The contract has been signed with the future owner of the building – Delta turtas UAB (KS Holding Group). The construction activities will be started this February with completion scheduled in November. They will include construction of the shopping premises covering the gross floor area of approx. 9600 square meters, territory landscaping, pedestrian and bicycle paths, driveways. A parking lot for 225 cars is planned next to the shopping centre. The ground floor of the building will be equipped with trade, storage and auxiliary premises, and the mezzanine office will house administrative offices. There is also an outdoor exhibition area nearby, where seasonal trade in plants and other goods will take place. Tillkännagivande • Dec 30
AB Panevezio Statybos Trestas to Report First Half, 2021 Results on Aug 27, 2021 AB Panevezio Statybos Trestas announced that they will report first half, 2021 results on Aug 27, 2021 Tillkännagivande • Dec 06
Panevezio statybos trestas AB Builds New Educational Block of Vilnius Tech for EUR 15.9 Million Panevezio statybos trestas AB (PST) has signed the contract with Vilnius Tech (Vilnius Gediminas Technical University) for construction of a new educational block in Plytines Street in Vilnius. The Faculties of Mechanics, Electronics and Transport Engineering of this University will be located in the building with an area exceeding 9 thousand square meters. The new block of Vilnius Tech should be completed in 24 months. Mutuus UAB is responsible for the design of this building and PST has been awarded the construction contract in the result of the public tender. Is New 90 Day High Low • Dec 04
New 90-day high: €0.58 The company is up 6.0% from its price of €0.55 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 9.0% over the same period. Tillkännagivande • Dec 03
PST Will Perform Reconstruction in Panevezys Panevezio statybos trestas AB has signed the contract for reconstruction of the cultural building at Respublikos Str. 40, Panevezys. The total area of the building is 3746 square meters. The contract value exceeds 9 mln. Euros. The project will be completed in 20 months. Is New 90 Day High Low • Oct 21
New 90-day low: €0.53 The company is down 8.0% from its price of €0.57 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 13% over the same period. 
