AS Pro Kapital Grupp informs that it has prolonged the redemption date of 1 081
076 “Pro Kapital Grupp convertible bond PKG1 13.08.2013” (hereinafter referred
to as Convertible Bonds PKG1) by 2 years and the new redemption date is
13.08.2019 (hereinafter referred to as the redemption date). AS Pro Kapital
Grupp will redeem 83 731 Convertible Bonds PKG1 with issue price of 234 446,8
EUR.
On 14.08.2017 AS Pro Kapital Grupp has submitted the Estonian Central Register
of Securities the application to change the redemption date and the total issue
amount of Convertible Bonds PKG1.
In total convertible bonds were prolonged with total issue price of 3 027 012,8
EUR and convertible bonds with total issue price of 234 446,8 EUR will be
redeemed.
The convertible bonds bear an annual interest of 7% and give the holders of the
convertible bonds the right to exchange one convertible bond for one shares of
AS Pro Kapital Grupp. The issue price of each convertible bond is 2,80 euro’s.
In order to subscribe for the shares of AS Pro Kapital Grupp and exchange the
bonds, the bondholder must submit an application to the Company at least 10
(ten) Business Days before the Exchange Date. The Exchange Date shall be each
Business Day (a day other than (a) a Saturday, (b) a Sunday, (c) Estonian
national holiday, (d) public holiday or (e) another day when the registrar of
the Register does not register securities) until the expiration date of the
Bond, i.e. until the date of its redemption.
Allan Remmelkoor
Member of the Management Board
Tel.: +372 6144 920
Email: prokapital@prokapital.ee |