Notification about final share buy-back
By decision No. 172 of 21 December 2021, the Financial and Capital Market Commission allowed the company "PATA" (40003448619) to carry out the Joint-Stock Company "PATA Saldus" final share buy-back. In accordance with Section 82, Paragraph seven of the Financial Instrument Market Law, the following information is published regarding the mandatory share buy-back:
Joint Stock Company "PATA Saldus", registration number 40003020121, legal address: Saldus novads, Saldus, Kuldīgas str. 86C, LV-3801, Latvija, phone: +371 63807072, e-mail: email@example.com, websait: www.patasaldus.lv
Ltd. „PATA” , registration number: 40003448619, legal address: Siguldas nov., Inčukalna pag., Inčukalns, Miera street 2, LV-2141. The only participant of Ltd. "PATA" and the real beneficiary is Uldis Mierkalns, personal identification code 051173-12300.
Buy-back price of one share and methods used for determination thereof
Buy-back price is EUR 30,02 per share.
The value of the shares to be redeemed has been determined in accordance with Section 74, Paragraphs one and two of the Financial Instruments Market Law.
Disposal of shares to be redeemed in favour of the Redeemer
The record date is the fifth working day after the publication of information in the publication Latvijas Vestnesis. On the record date, the shares to be redeemed are blocked in the shareholders' accounts and these shareholders lose the right to dispose of the shares owned by them. On the next working day after the record date, the Redeemer transfers to the Nasdaq CSD specified cash account the amount of money corresponding to the value of the shares to be redeemed, after which the Nasdaq CSD transfers the booked shares to be redeemed to the Redeemer’s account and transfers money to the cash accounts of the respective Nasdaq CSD participants, sending the Nasdaq CSD participants a request to clear the Shares to be Redeemed in the financial instrument accounts of the shareholders of the Target Company – the holders of the Shares to be Redeemed. A Nasdaq CSD participant who has received the mentioned cash payment from the Nasdaq CSD, within one business day after receipt of such cash payment, transfers the purchase price of the Shares to be Redeemed to the respective shareholders of the Target Company – the holders of the Shares to be Redeemed according to the number of the Shares to be Redeemed owned by them according to the booking in the financial instrument accounts at the end of the record date day. Remuneration to the shareholders of the Target Company – the holders of the Shares to be Redeemed, whose shares at the end of the record date settlement day are in the original Nasdaq CSD register, is transferred to the Nasdaq CSD cash account.
Place and time where and when one can become acquainted with the prospectus
The prospectus of the share repurchase offer is available on the website of Nasdaq Riga or at the premises of the Joint Stock Company “PATA Saldus”, 86C Kuldīgas Street, from 11.00 to 15.00, by prior appointment by phone (+371) 63807072
Record date – 4 January 2022
Settlement date - 5 January 2022
Attached: Final share repurchase prospectus
Chairman of the Management Board, G. Zommers