Market announcement
AS Silvano Fashion Group
LEI code
529900JNG41RRJKJYB65
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3224
Submission date and time
17.03.2011 13:35:35
Content of announcement in Estonian
Title
Aktsiakapitali vähendamise teade
Message
Tallinn, Eesti, 2011-03-17 12:35 CET (GLOBE NEWSWIRE) -- Aktsiaseltsi Silvano Fashion Group, registrikood 10175491, aadress Tulika 15/17, 10613 Tallinn 17.03.2011. a toimunud aktsionäride erakorraline üldkoosolek otsustas arvestada aktsiakapitali ümber eurodesse ja vähendada aktsiakapitali 5 495 101,17 euro võrra 19 750 000 euroni järgmiselt: 1. Tühistada aktsiaseltsi 9. novembri 2010. a erakorralise üldkoosoleku otsusega kinnitatud aktsiate tagasiostuprogrammi alusel tagasi ostetud 107 000 A?aktsiat ja vähendada aktsiakapital 1 070 000 krooni võrra 395 000 000 kroonini. 2. Pärast aktsiaseltsi oma aktsiate tühistamist ja sellega seotud aktsiakapitali vähendamist on aktsiate koguarvuks 39 500 000 aktsiat. 3. Aktsionäridele kuuluvaid aktsiaid ei tühistata. 4. Aktsionäridele ei tehta väljamakseid seoses oma aktsiate tühistamisega. 5. Arvestada oma aktsiate tühistamise tulemusena vähendatud aktsiakapital ja aktsiate nimiväärtus eurodesse ümber järgmiselt: 5.1. Aktsiakapital eurodesse ümber arvutatuna on 25 245 101,17 eurot ning ühe aktsia nimiväärtus on 64 senti. 5.2. ÄS § 223 1. ja 2. lõikes sätestatud nõuete täitmiseks vähendada aktsiakapitali suurust 5 495 101,17 euro võrra 19 750 000 euroni. 5.3. Aktsiakapitali vähendamine toimub aktsiate nimiväärtuse vähendamise teel 14 sendi võrra 50 sendini. 5.4. Aktsiate nimiväärtuse eurodesse ümberarvestamine ei mõjuta aktsiatega seotud õigusi ja aktsiate nimiväärtuste suhet aktsiakapitali. Aktsiate nimiväärtuste ümberarvestamise tulemi ümardamisel ei ole õiguslikku tähendust. 5.5. Pärast aktsiakapitali eurodesse ümberarvutamist ja aktsiakapitali vähendamist on aktsiakapitali uueks suuruseks 19 750 000 eurot, mis on jagatud 39 500 000 A ? aktsiaks nimiväärtusega 50 senti. 5.6. Välja maksta aktsionäridele aktsiate nimiväärtuse vähendamise eest 14 senti iga aktsia kohta kolme kuu möödumisel aktsiakapitali vähendamise äriregistrisse kandmisest, kui võlausaldajate tähtaegselt esitatud nõuded on tagatud või rahuldatud. 5.7. Aktsiate nimiväärtuse vähendamisest tulenevate väljamaksete saamiseks õigustatud aktsionäride nimekiri fikseeritakse seisuga 31. märts 2011. a kell 23:59 (Eesti aja järgi). Vastavalt äriseadustiku §-le 358 kutsub Aktsiaselts Silvano Fashion Group oma võlausaldajaid üles esitama oma nõuded kirjalikult Aktsiaseltsi Silvano Fashion Group juhatusele aadressil Tulika 15/17, 10613 Tallinn kahe (2) kuu jooksul käesoleva teate avaldamisest. Märt Meerits Aktsiaseltsi Silvano Fashion Group juhatuse liige E-post: [email protected] Telefon: +372 684 5000; Fax: +372 684 5300 Aadress: Tulika 15/17, 10613 Tallinn http://www.silvanofashion.com
Content of announcement in English
Title
Decrease of the share capital of Silvano Fashion Group AS
Message
Tallinn, Estonia, 2011-03-17 12:35 CET (GLOBE NEWSWIRE) -- The Extraordinary General Meeting of Silvano Fashion Group, registration number 10175491, address Tulika 15/17 Tallinn, Estonia, was held on March 17th, 2011 and decided upon conversion of the share capital into Euros and upon decrease of the share capital by 5 495 101,17 Euros to the amount of 19 750 000 Euros as follows: 1. To cancel 107 000 Company´s own A-shares that have been bought back by the Company under the buy-back programme as adopted by the resolution of the extraordinary general meeting of 9th of November 2010 and to reduce the share capital by 1 070 000 kroons to 395 000 000 kroons. 2. After the cancellation of the own shares and the reduction of the share capital related thereto, the total number of shares shall be 39 500 000. 3. The shares held by the shareholders are not subject to cancellation. 4. The Company shall make no payments to the shareholders in connection with the cancellation of the Company´s own shares. 5. To convert the share capital reduced by the cancellation of the own shares and the nominal value of the shares into Euros as follows: 5.1. The amount of the share capital as being converted into euros is 25 245 101,17 euros and the nominal value of each share is 64 cents. 5.2. To reduce the share capital by 5 495 101,17 euros to 19 750 000 euros in order to meet the requirements set forth in § 223(1) and § 223(2) of the Commercial Code. 5.3. The share capital shall be reduced by means of decreasing the nominal value of each share by 14 cents to 50 cents. 5.4. The conversion of the nominal value of shares into euros shall not affect the rights attached to shares nor the relation of the nominal value of shares to the share capital. The rounding of the results of the conversion of shares' nominal value has no legal effect. 5.5. After the conversion and the reduction of the share capital the new amount of share capital shall be 19 750 000 euros, which is divided into 39 500 000 A?shares with nominal value of 50 cents each share. 5.6. To pay to the shareholders 14 cents per each share for the decrease of the nominal value of share. This amount shall be paid to the shareholders within three months after entry of the decrease of share capital in the Commercial Register provided that the claims of creditors submitted during the term are secured or satisfied. 5.7. The list of shareholders entitled to receive the payment related to reduction of the nominal value of shares shall be fixed at 23:59 on 31th of March 2011 (Estonian time). According to the Estonian Commercial Code § 358, Silvano Fashion Group invites its creditors to present their claims in writing, addressed to the Board of AS Silvano Fashion Group, address Tulika 15/17, 10613 Tallinn, Estonia, within two (2) months after the publication of this announcement. Märt Meerits Member of the board of Aktsiaselts Silvano Fashion Group E-mail: [email protected] Tel: +372 684 5000; Fax: +372 684 5300 Address: Tulika 15/17, 10613 Tallinn, Estonia http://www.silvanofashion.com