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

Notifications of major holdings

Unique data record identifier

4111

Submission date and time

26.06.2013 17:00:00

Content of announcement in Estonian

Title

Olulise osaluse muutus (osaluse vähenemine)

Message

Tallinn, 2013-06-26 16:00 CEST (GLOBE NEWSWIRE) --


25. juunil 2013.a teavitas hr. Toomas Tool Silvano Fashion Group (SFG) juhatust
talle kuuluvate häälte arvu vähenemisest SFG 0%-ni. Vähenemine toimus 21.
juunil toimunud SFG 8 000 000 aktsia müügitehingu tulemusena. 

Enne müügitehingut kuulus Toomas Toolile  kokku 8 000 000 aktsiat, mis
moodustasid kokku 20,30% aktsiakapitalist ning üldkoosolekul hääletama
õigustatud häältest. 

Peale nimetatud tehingut kuulub Toomas Toolile kokku 0 SFG aktsiat, mis
moodustavad kokku 0% ettevõtte aktsiakapitalist ning üldkoosolekul hääletama
õigustatud häältest. 

Teavitamiskohustus tuleneb Eesti väärtpaberituru seaduse paragrahvist 185 ning
Poola väärtpaberite avaliku pakkumise seaduse ning kaasnevate tingimuste
paragrahvi 69, lg. 1, alalõigust 2 ning seonduvalt paragrahvi 87 lg. 1 alalõik
3, märge b) tingimustest. 

Märt Meerits
Juhatuse liige
AS Silvano Fashion Group
[email protected]
00 372 6845 000

Content of announcement in English

Title

Changes in substantial shareholdings (reduction in the holdings)

Message

Tallinn, 2013-06-26 16:00 CEST (GLOBE NEWSWIRE) --


On June 25, 2013, Mr. Toomas Tool notified the management board of Silvano
Fashion Group (SFG) of the decrease of its votes in SFG to 0%. 

The reason for the change in the total number of votes at the general meeting
of shareholders of SFG was the sale of 8,000,000 shares of the company on June
21, 2013. 

Prior to the change of share amount, Mr. Tool held together 8,000,000 shares of
SFG, representing 20.30% of the share capital of the company and the votes
entitled to vote at the general meeting. 

After the transaction Mr. Tool has 0 shares of SFG which represents 0% of the
share capital of the company and the votes entitled to vote at the general
meeting. 

The announcement is composed in accordance with Estonian Securities Market Act,
Article 185, and in accordance with Article 69, Sec. 1, Item 2 in connection
with Art. 87 Sec. 1 Item 3 Point b) of the Act on Public Offering, Conditions
Governing the Introduction of Financial Instruments into Organized Trading, and
Public Companies of Poland. 

Märt Meerits
Member of the management board? Silvano Fashion Group
[email protected]
00 372 6845 000