AS Pro Kapital Grupp informs that it has prolonged the redemption date of
516 029 "Pro Kapital Grupp convertible bond PKG4 16.09.2014" (hereinafter
referred to as Convertible Bonds PKG4) by 2 years and the new redemption date is
16.09.2020 (hereinafter referred to as the redemption date). At this point in
time, AS Pro Kapital Grupp shall not be redeeming any Convertible Bonds PKG4.
AS Pro Kapital Grupp has submitted the relevant application to the Nasdaq
Central Depository of Securities to change the redemption date of Convertible
Bonds PKG4. In total, Convertible Bonds PKG4 were prolonged with total issue
price of 1 444 881,20 euros.
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 share of AS
Pro Kapital Grupp. The issue price of each convertible bond is 2,80 euros.
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
Phone: +372 614 4920
Email: prokapital@prokapital.ee
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