On 14 September 2018 the decrease of the share capital of Nordecon AS was
registered in the Commercial Register based on the resolution adopted by the
general meeting of shareholders held on 23 May 2018.
Pursuant to the resolution of the general meeting of shareholders the share
capital will be decreased by 1,942,528.98 euros from 18,263,543.68 euros to
16,321,014.70 euros. The share capital will be decreased by reducing the book
value of the shares by 0.06 euro. The total number of the shares of the company
will not change and the book value of shares shall be reduced proportionately to
the reduction of the share capital. As a result of the decrease of the share
capital, the share capital of Nordecon AS will be 16,321,014.70 euros that is
divided into 32,375,483 shares with book value.
The share capital reduction in the amount of 0.06 euro per share will be paid
out to the shareholders on 18 December 2018. For the own shares owned by
Nordecon AS no payments shall be made to the company.
The list of shareholders entitled to receive the payments from the reduction of
the share capital was fixed on 6 June 2018 as at the end of the working day of
the settlement system.
Nordecon (www.nordecon.com (http://www.nordecon.com)) is a group of construction
companies whose core business is construction project management and general
contracting in the buildings and infrastructures segment. Geographically the
Group operates in Estonia, Ukraine, Finland and Sweden. The parent of the Group
is Nordecon AS, a company registered and located in Tallinn, Estonia. The
consolidated revenue of the Group in 2017 was 231 million euros. Currently
Nordecon Group employs close to 700 people. Since 18 May 2006 the company's
shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange.
Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com (mailto:andri.hobemagi@nordecon.com)
(mailto:andri.hobemagi@nordecon.com)www.nordecon.com (http://www.nordecon.com)
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