Market announcement
AS PRFoods
LEI code
529900PFXFO2ZDCRNK93
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
2849
Submission date and time
03.09.2010 12:59:47
Content of announcement in Estonian
Title
Kommentaar Äripäeva 1. septembri 2010. a artiklitele „Premia pantis Saaremere Kala ja Vetteli aktsiaid“ ja „Premia Foods refinantseeris laenu“
Message
Äripäeva 1. septembri 2010. a artiklites „Premia pantis Saaremere Kala ja Vetteli aktsiaid“ ja „Premia Foods refinantseeris laenu“ on viidatud, et AS Premia Foods (edaspidi Premia) pantis 100% tütarettevõtja Saaremere Kala AS-i aktsiaid ning ca 75%-suuruse tütarettevõtja OÜ Vettel osa panga kasuks. Nimetatud aktsiate ja osa pandilepingute sõlmimine on osaks Premia laenuportfelli refinantseerimistehingust, mille kohta tegi Premia börsiteate samuti 1. septembril 2010. a. Tütarettevõtjate aktsiate ja osade pantimislepingute sõlmimist ei olnud 1. septembri 2010. a börsiteates eraldi välja toodud, kuivõrd refinantseerimistehingu eelse perioodiga võrreldes muutus tagatistepakett üksnes marginaalselt ning osa varem kehtinud tagatistest asendati vähemkoormavatega. Ülalnimetatud aktsiatele ja osadele seatud pandid asendasid seni Premia võlausaldajatele antud tagatistest Krediidi ja Ekspordi Garanteerimise Sihtasutuse KredEx garantiid, Soome tütarettevõtja Heimon Kala Oy omandis olevale kinnistutele seatud hüpoteeke ja Premia põhiaktsionäri Amber Trust II SCA poolt antud käendust. Premia juhatuse hinnangul ei mõjuta refinantseerimistehingu käigus tehtud muudatused Premia laenude tagatispaketis Premia majandustegevust ja finantsseisundit. Lisainfo: Andri Avila CFO AS Premia Foods Tel: +372 6 033 800 E-post: [email protected] http://www.premiafoods.eu
Content of announcement in English
Title
Comments to the articles of the business paper „Äripäev“ titled „Premia pledged the shares of Saaremere Kala and Vettel“ and „Premia Foods refinanced a loan“ published on September 1st 2010
Message
In the articles of the business paper „Äripäev“ titled „Premia pledged the shares of Saaremere Kala and Vettel“ and „Premia Foods refinanced a loan“ published on September 1st 2010, a reference is made to AS Premia Foods (hereinafter Premia) pledging 100% of the shares of its subsidiary Saaremere Kala AS and ca 75% of the shares of its subsidiary OÜ Vettel in favour of a bank. The referred execution of pledge agreements was a part of the transaction of refinancing Premia's loan portfolio, which was described in the stock exchange news published on September 1st 2010. The establishment of pledges over the shares of the subsidiaries was not separately discussed in the stock exchange news due to the fact that compared to the pre-refinancing situation, the changes to the securities package were insignificant and some of the securities were replaced with less burdensome ones. The referred pledges of the shares replaced the guarantee of Krediidi ja Ekspordi Garanteerimise Sihtasutuse KredEx, mortgages encumbering the immovables of the Finnish subsidiary Heimon Kala Oy and surety granted by the majority shareholder of Premia Foods Amber Trust II SCA, which were securing obligations of Premia in front of the previous creditors. In the opinion of the Management Board of Premia the changes in the securities package made in the course of the refinancing transaction do not have an impact to the economic activities and financial status of Premia. Additional information: Andri Avila CFO AS Premia Foods Tel: +372 6 033 800 E-post: [email protected] http://www.premiafoods.eu