Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other price sensitive information
Unique data record identifier
3290
Submission date and time
19.04.2011 09:28:20
Content of announcement in Estonian
Title
BALTIKA AKTSIAEMISSIOONIST
Message
Baltika teeb aktsionäridele ettepaneku suurendada aktsiakapitali, emiteerides selleks täiendavalt 3,15 miljonit lihtaktsiat (3 150 000) nimiväärtusega 0,70 eurot ja väljalaskehinnaga 1 euro. Emissioonist saadavat raha kasutab Baltika juba alanud kasvu täiendavaks finantseerimiseks. Koostöös rahvusvahelise loovagentuuriga Dan Pearlman uuendab Baltika Grupi kaht suuremat, Montoni ja Mosaici brändi, sealhulgas nende poekontseptsioone. Uute poekontseptsioonide alusel uuendatakse järk-järguliselt olemasolevaid kauplusi ning plaanitakse uute avamist. Projekti partneriks valitud Saksa agentuuril Dan Pearlman on väga tugev moebrändide poekontseptsioonide loomise kogemus, agentuur on teinud koostööd brändidega nagu Campus by Marc O´Polo, Betty Barclay, Pimkie, 361°, Tally Weijl, Colin´s, Escada, New Yorker, Street One, Adidas, Puma, Reebok. Lisaks finantseerib Grupp emissioonist saadava rahaga ettevalmistusjärgus olevaid uusi arendusprojekte nagu Montoni e-pood, shop-in-shop ja frantsiisikontseptsioonid. Emissioonist saadav raha aitab garanteerida ka kasvavatele müügikogustele vastava sisseostu finantseerimise. Maigi Pärnik Juhatuse liige [email protected]
Content of announcement in English
Title
ABOUT SHARE EMISSION OF AS BALTIKA
Message
Baltika makes its shareholders a proposal to increase the share capital of AS Baltika by issuing additionally three million one hundred fifty thousand (3 150 000) ordinary shares with the nominal value of 0.70 euros with the issuance price of one euro. The company will use the money, raised from the emission, for financing future growth. Baltika is in co-operation with international creative agency “Dan Pearlman” developing and renewing its two biggest brands, Monton and Mosaic, including new store concept for both brands. Based on the new concepts, the company will gradually upgrade existing stores and is planning new store openings. German agency Dan Pearlman, chosen to be the co-operation partner for the project, has very strong portfolio in fashion industry. The agency has done co-operation with brands like Campus by Marc O´Polo, Betty Barclay, Pimkie, 361°, Tally Weijl, Colin´s, Escada, New Yorker, Street One, Adidas, Puma, Reebok. The Group will also finance its new development projects like Monton e-store, shop-in-shop and franchise concepts. Additional money, raised from the emission, will help the Group to guarantee financing buying of inventory quantities corresponding to increasing sales. Maigi Pärnik Member of the Management Board [email protected]