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

4262

Submission date and time

20.12.2013 16:00:00

Content of announcement in Estonian

Title

Olulise osaluse muutus

Message

Tallinn, 2013-12-20 15:00 CET (GLOBE NEWSWIRE) --


20. detsembril 2013.a teavitas Mari Tool Silvano Fashion Group (SFG) juhatust
talle kuuluvate häälte arvu vähenemisest Silvano Fashion Group AS-is 19,80%-ni. 

Osaluse vähenemine toimus 6 detsembril toimunud 200 000 Silvano Fashion Group
aktsia võõrandamistehingu tulemusena. 

Enne tehingut kuulus Mari Toolile kokku 8 000 000 aktsiat, mis moodustas kokku
20,30% aktsiakapitalist ning üldkoosolekul hääletama õigustatud häältest. 

Peale nimetatud tehingut kuulus Mari Toolile kokku 7 800 000 SFG aktsiat, mis
moodustavad kokku 19,80% 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
Tel: 00 372 6845 000
[email protected]

Content of announcement in English

Title

Changes in substantial shareholdings

Message

Tallinn, 2013-12-20 15:00 CET (GLOBE NEWSWIRE) --


On December 20, 2013, Ms. Mari Tool notified the management board of Silvano
Fashion Group (SFG) of the decrease of her votes in Silvano Fashion Group to
19.80%. 

The reason for the change in the total number of votes at the general meeting
of shareholders of SFG was the sale of 200,000 shares of the company on
December 06, 2013. 

Prior to the change of share amount, Ms. 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 Ms. Tool held 7,800,000 shares of SFG which represents
19.80% 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
Tel: 00 372 6845 000
[email protected]