AS Baltika announces that the increase of share capital decided on the Supervisory Council Meeting held on 27 June 2011 and the public offering of the shares related to it, was exercised in full, i.e. all 4 300 000 offered shares in the total amount of 3 010 000 euros were subscribed for. Total of 4 637 790 shares were subscribed for which means over-subscription of 1.1 times.
The shares were in the first order allocated to investors, who had subscription rights which were issued in connection with the public offering. Since these investors subscribed for the shares in the amount that exceeded the total amount of shares offered, no shares were allocated to investors without subscription rights.
Offered shares are transferred to securities accounts on 3 August 2011.
Additional information
Maigi Pärnik
Member of the Management Board
e-mail: maigi.parnik@baltikagroup.com
AS Baltika