Results of the subscription of shares issued in connection with the realisation of the staff options programme
A total of 48 former and current employees of LHV participated in the issue of AS LHV Group shares which was carried out in connection with the realisation of LHV’s staff options programme, subscribing a total of 237,594 shares for a total of EUR 712,782. The share issue was thus subscribed 100% by the option beneficiaries.
Further to the results of the subscription of shares, the Management Board of AS LHV Group approved, with the resolution adopted on 5 July, the final scope of the increase in the company's share capital as follows:
- The share capital of AS LHV Group will be increased by EUR 237,594 with the company's share capital thus raised from EUR 26,016,485 to EUR 26,254,079;
- Within the framework of the share capital increase, AS LHV Group will issue a total of 237,594 new shares with a nominal value of EUR 1 per share.
With the share issue subscribed 100%, there is no need to cancel unsubscribed shares.
All new shares issued by AS LHV Group within the framework of the issue of shares will be listed on the Nasdaq Tallinn Stock Exchange on the day after the day when LHV has notified Nasdaq Tallinn about the registration of increase of share capital in commercial register.
LHV Communication Manager
Telephone: 502 0786