Published: 2019-08-15 10:02:06 CEST
Company Announcement

Announcement on the final results of AS Baltika public share offering, and increase of share capital has been registered in Commercial Register

AS Baltika (registry code 10144415, address Veerenni 24, Tallinn, Estonia) annual general meeting held on April 12, 2019 approved the increase of share capital by issuing 50,000,000 new ordinary share. The subscription period for shares started on July 16, 2019 at 10.00 and ended on August 7, 2019 at 14.00. The Management Board of AS Baltika approved the distribution of new shares to investors on August 9, 2019, which was changed by the Management Board decision on August 15, 2019.

On August 13, 2019 Commercial Register registered the increase of share capital of AS Baltika. The new amount of the registered share capital of AS Baltika is 5,407,949 euros, which is divided into 54,079,485 shares with nominal value of 0.1 euros.

AS Baltika announced in a stock announcement on August 12, 2019 the increase in a size of the shareholding of KJK Fund Sicav-SIF. As a result of the specified distribution of the new shares, KJK Fund Sicav-SIF (on ING LUXEMBOURG S.A. AIF ACCOUNT account) shareholding in AS Baltika is 89.69 percentage.

Maigi Pärnik-Pernik
Member of the Management Board