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Published: 2024-12-04 10:47:50 CET
Nasdaq Riga
Announcement from the exchange

Kalve Coffee announces shareholder loyalty programme components

Specialty or premium coffee roasting company AS Kalve Coffee will offer several benefits to shareholders who own at least 100 shares of the company. In parallel, there will also be special events for any current shareholder to expand their knowledge about coffee consumption and industry trends.

“Ever since we informed the public about our goal to become a listed company, we have mentioned that a special loyalty programme for shareholders is being planned. Now is the time to reveal it, as it is expected that the shares will be listed on the Nasdaq Riga First North alternative market at the end of this week,” emphasizes Gatis Zēmanis, co-founder and chairman of the board of AS Kalve Coffee.

“The main reason for not announcing this earlier was the need for each investor to assess the fundamental value of the company and not to emphasize factors that are not related to this,” Zēmanis added.

Any shareholder who owns at least 100 shares will be entitled to receive the following:

  • Loyalty basket - coffee/products that are only available to loyalty programme members once a year.
  • 10% discount on all products in cafes in addition to existing discounts (Magic Stamp).
  • Four times a year receive a 25% discount coupon for purchases in the e-shop, where the discount applies to purchases up to 300 EUR per purchase.

Moreover, any shareholder (regardless of the number of shares held) will have the right to participate in various events where they will be able learn about various industry developments and as well as deepen their general knowledge about coffee.

The shareholder loyalty programme will commence operating in the next 4 - 6 weeks. To apply for the shareholder loyalty programme, please write to ir@kalvecoffee.com, and within two weeks you will receive instructions for the next steps.

 

Additional information:
Gatis Zēmanis
AS Kalve Coffee Board member and co-founder
info@kalvecoffee.com
www.kalvecoffee.com 

About Kalve Coffee:
Kalve Coffee is a specialty coffee roaster founded in 2019 by Gatis Zēmanis, Raimonds Selga and Jānis Andersons with an eye on what they want to leave for future generations. That's why KALVE works to leave a positive imprint on every action, so that it can create an emotionally fulfilling legacy for generations to come. The Company has proven that it can be profitable while changing the industry for the better by making decisions based on its core values. KALVE is the first company in the Baltics to be granted the B Corp Sustainability Certificate - the gold standard in ESG risk management, and in 2023 the Company received the "Latvian Sustainable Management Award" from the Bank of Latvia.

The Company has four cafe-stores in Riga, Latvia, and one in Germany. KALVE roasts its premium (or specialty) coffee at its roastery in Jaunmārupe, Latvia. The Company offers rental services and maintenance of coffee machines, coffee beans, and private labelling, and provides an e-commerce platform to buy coffee, allowing KALVE to be enjoyed from anywhere.

 

Disclaimer: This announcement is an unpaid marketing communication and does not constitute investment advice or an offer. The information provided herein contains statements on the Public Offering of shares of AS “Kalve Coffee”. Every investment decision must be based on the Information Document. Information Document is available on AS “Kalve Coffee” website [*].