Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
5155
Submission date and time
17.09.2015 15:27:38
Content of announcement in Estonian
Title
Arco Vara juhatuse liikme volituste pikendamine
Message
15.09.2015 võttis Arco Vara nõukogu vastu otsuse pikendada Arco Vara juhataja
Tarmo Sild’i juhatuse liikme volitusi alates 22.10.2015 kolme aasta võrra, st
kuni 21.10.2018. Arco Vara juhatus on jätkuvalt üheliikmeline. Juhatuse
ülesanne järgmisel perioodil on ettevõtte tegevusmahtu ja kasumit oluliselt
kasvatada, keskendudes seejuures ennekõike Bulgaaria ja Eesti turule.
Seoses esimese tegevusperioodi lõppemisega on Tarmo Sild ettevõtet teavitanud
kavatsusest kasutada talle esimese optsiooniprogrammi raames antud õigust
390,000 Arco Vara aktsia märkimiseks 2016. aastal hinnaga 70 senti tükk.
Optsiooni kasutamise korral tõuseks Arco Vara aktsiakapital 273,000 euro võrra
ning aktsiate koguarv tõuseks 6 507 012 aktsiani.
Evelin Kanter
Juriidilise osakonna juht
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com
Content of announcement in English
Title
Extension of the term of office of the manager of Arco Vara
Message
On 15 September 2015, the Supervisory Board of Arco Vara adopted a decision to
extend the term of office of Tarmo Sild, the manager of Arco Vara, by three
years as of 22 October 2015, i.e. until 21 October 2018. Arco Vara has
continuously one-member Management Board. Management Board’s assignment for the
next period is to increase company’s business volume and profit concentrating
mainly on Bulgarian and Estonian markets.
With reference to the end of the first term of office Tarmo Sild has informed
the company about his intention to use the right given to him with the first
stock option program to subscribe for 390,000 shares for 0.7 EUR per share
during year 2016. As a result of using the option the share capital of Arco
Vara would increase by 273,000 EUR and the total amount of shares would
increase to 6,507,012 shares.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com