English Latvian
Published: 2024-03-26 11:23:58 CET
Grenardi Group
Company Announcement

AS Grenardi Group invites to join webinar about its public bond offering

AS Grenardi Group invites to join the webinar about its public bond offering open to both retail and institutional investors. Webinar will take place on April 3 at 3 PM Baltic time.

Webinar will be hosted by Ģirts Rudzītis, Chairman of the Management Board and CEO of AS Grenardi Group, and Marta Andersone, CFO and Member of the Management Board. Participants will be provided with an overview of the company, its growth story and upcoming bond offering.

Please sign up for the webinar here: https://nasdaq.zoom.us/webinar/register/WN_FYuYxpuuQIqBPuCF43zpYA.

After filling in the application, attendees will receive a link to the webinar and instructions to their e-mail. When connecting to the Zoom webinar for the first time, you will be asked to download the app.

Webinar will be held in English. After the presentation, a question and answer session will take place. Attendees are welcome to send their questions until April 2 to the e-mail ieva.unda@nasdaq.com or submit them through the registration link.

Main terms of the offering

AS Grenardi Group plans to raise up to EUR 12 million in the first tranceh under bond programme through a public offering in all three Baltic States. Both retail and professional investors will be offered to invest in Group's bonds with a fixed interest rate of 10% and a maturity of three years. The subscription period will start on 25 March and end on 15 April.  An approved base prospectus and final terms, as well as other information is available on AS Grenardi Group website (https://grenardi.group).

About Grenardi Group

AS Grenardi Group is the parent company of GIVEN and GRENARDI in the Baltics. As of December 31, 2023, AS Grenardi Group operates a total of 82 stores – of which 75 GIVEN chain stores and 7 GRENARDI chain stores. Additionally, the Group has five online stores: www.given.lvwww.given.eewww.given.ltwww.grenardi.lv and www.grenardi.ee.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery – through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections.

 

Disclaimer: This announcement is an unpaid marketing communication in accordance with the Prospectus Regulation and does not constitute investment advice or an offer. The information provided herein contains statements on the Public Offering of notes of AS "Grenardi Group". Every investment decision must be based on a base prospectus approved by the Bank of Latvia and the final terms. An approved base prospectus and final terms are available on AS “Grenardi Group” website (https://grenardi.group).

 

         Marta Andersone
         CFO
         info@grenardi.group
         Tel.+371 67796000