AS Pro Kapital Grupp informs that it has prolonged the redemption date of
378 070 "Pro Kapital Grupp convertible bond PKG2 20.01.2014" (hereinafter
referred to as Convertible Bonds PKG2) by 2 years and the new redemption date is
20.01.2022 (hereinafter referred to as the redemption date).
All holders of Convertible Bonds PKG2 agreed with AS Pro Kapital Grupp proposal
to prolong the redemption date of the convertible bonds, which is why no
Convertible Bonds PKG2 shall be redeemed at this point in time.
AS Pro Kapital Grupp has submitted Nasdaq Central Depository of Securities the
application to change the redemption date of Convertible Bonds PKG2. In total
convertible bonds were prolonged with total issue price of 1 058 596 EUR.
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 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
|