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Arco Vara — Major Shareholding Notification 2021
Apr 9, 2021
2211_iss_2021-04-09_f4ddee56-72ce-4f47-9701-d9e4e584f12f.pdf
Major Shareholding Notification
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| Company | Arco Vara AS |
|---|---|
| Type | Company Release |
| Category | Changes in rights attaching to shares |
| Disclosure time | 09 Apr 2021 16:35:13 +0300 |
Currency
Correction: Change in substantial holding Title
CORRECTION:
________________________
The ownership contained in the stock exchange announcement of the change in substantial holding published on 9.04.2021 was incorrect, with this correction announcement we are forwarding the adjusted data.
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Arco Vara AS notifies the stock exchange about a change in substantial holding as required by § 186 of the Securities Market Act.
On April 7, 2021, as a result of the takeover bid Baltplast AS transferred 837,498 and Gamma Holding Investment OÜ 420,000, in total 1,257,498 shares of Arco Vara AS held by them to OÜ Alarmo Kapital. The transferred shares stood for 97.91% of the takeover bid and 13.97% of total Arco Vara AS shares.
As a result of the takeover bid, OÜ Alarmo Kapital now holds 66.11% of the voting shares of Arco Vara AS. In addition to the 66.11%, 390,000 shares are subscribed but not yet issued to OÜ Alarmo Kapital by Arco Vara AS, which after the issue would make OÜ Alarmo Kapital a 67.51% shareholder.
Tiina Malm CFO Arco Vara AS Tel: +372 614 4630 [email protected] (https://www.globenewswire.com/Tracker?data=r3a_Jpj17cfdSxB2Ctcc2ZwCDU1UPe45pNvN gPXr8LI8vqTYotwly4sFXaMskCIMHt7W8mAOBniwIsoBnfCFyMdvK2ph4yrggrzZSKCtGSA=)
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