Market announcement
Q Vara
Category
Other price sensitive information
Date
21.07.2008 17:31:21
Title
Q Vara AS aktsiakapitali suurendamine
Message
Tagamaks võlakirjaemissiooni tingimustes nõutud 30% omakapitali osakaalu määra andis Q Vara omanik OÜ SLProductions 24. märtsil 2008 kinnituse investeerida vajadusel täiendavat kapitali. Vastavalt 26. juunil 2008 esitatud börsiteatele sõlmisid Q Vara ja OÜ SLProductions tütarettevõte OÜ Q Capital 25. juunil 2008 laenulepingu, mille kohaselt andis OÜ Q Capital AS'le Q Vara allutatud laenu summas 86 000 000 eesti krooni (laen on allutatud kõikidele Q Vara kohustustele). Koheselt peale laenulepingu allkirjastamist alustati allutatud laenu omakapitaliks konverteerimist. Seisuga 21. juuli 2008 esitas Q Vara AS juhatus Harju Maakohtu registriosakonnale avalduse suurendada Q Vara AS'i aktsiakapitali mitterahalise sissemakse üleandmise teel 8 600 000 krooni võrra. Vastavalt Q Vara AS aktsionäride otsusele emiteeriti 860 000 uut aktsiat nimiväärtusega 10 krooni ja ülekursiga 90 krooni aktsia kohta. Kokku suureneb Q Vara AS'i omakapital peale nimetatud tehingute registreerimist Harju Maakohtu registriosakonnas 86 000 000 krooni võrra ja sellega viiakse lõpule allutatud laenu omakapitaliks konventeerimise protsess. Alo Lillepea juhatuse liige Q Vara AS Tel: 668 1600
Title
Q Vara AS share capital increase
Message
To secure 30% owners' equity share required by the bond issue terms, OÜ SLProductions, shareholder of Q Vara, issued an assurance letter on March 24, 2008 according to which it confirmed its readiness to invest additional capital into Q Vara if needed. According to announcement issued on June 26, 2008 Q Vara signed a loan agreement with OÜ SLProductions' subsidiary OÜ Q Capital according to which OÜ Q Capital gave to Q Vara 86 000 000 EEK of subordinated loan (the loan is subordinated to all other Q Vara liabilities). Process to convert the subordinated loan into owners' capital was initiated just after the signing of the loan contract. July 21, 2008 Management Board of Q Vara AS made application to Harju County Court registration department to increase share capital of Q Vara AS by non-monetary payment by 8 600 000 EEK. According to decision of shareholders of Q Vara AS 860 000 new shares were issued with nominal value of 10 EEK and excess of issue price of 90 EEK. After registration of above mentioned transactions in Harju County Court registration department Q Vara AS owner's equity will increase by 86 000 000 EEK. This will complete the conversion process of subordinated loan to owners' equity. Alo Lillepea member of the Management Board Q Vara AS Phone: 668 1600