Market announcement
AS PRFoods
LEI code
529900PFXFO2ZDCRNK93
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
This announcement has been corrected.
Corrected version
Categories
Other price sensitive information
Unique data record identifier
6199
Submission date and time
21.07.2017 17:46:26
Content of announcement in Estonian
Title
PRF: Enamusosaluse omandamine äriühingutes John Ross Jr. (Aberdeen) Limited ja Coln Valley Smokery Limited ning AS PRFoods aktsionäride erakorralise üldkoosoleku kokkukutsumise teade
Message
Tallinn, Eesti, 2017-07-21 16:46 CEST (GLOBE NEWSWIRE) -- AS PRFoods (PRF), PRF-i konsolideerimisgruppi kuuluv JRJ & PRF Limited (Omandav Ühing) ja Andrew Leigh, Christopher Leigh, Jennifer Leigh ja Victoria Leigh-Pearson (igaüks eraldi Müüja, ühiselt Müüjad) sõlmisid 26.06.2017 aktsiate müügilepingu (Leping), mille kohaselt Omandav Ühing omandab vastavatelt Müüjatelt enamusosaluse äriühingutes John Ross Jr. (Aberdeen) Limited (JRJ) ning Coln Valley Smokery Limited (CVS). Tehingule andis heakskiidu 19.07.2017 toimunud PRF erakorraline üldkoosolek, mis kiitis tehingu heaks vastavalt 26.06.2017 avaldatud tehingu tingimustele (tingimused leitavad siit: https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=781053&mes sageId=981917) ja üldkoosoleku käigus antud informatsioonile (üldkoosoleku presentatsioon ja protokoll leitavad siit: http://prfoods.ee/investorile/aktsionaride-uldkoosolek/2017egm/erakorralise-uldk oosolekuga-seotud-materjalid). Käesolevaga teatab PRF tehingu täitmisest, st. ostuhinnast 10,525,632 GBP (ehk 12,303,485 EUR) tasuti 21.07.2017, kuna Omandav Ühing omandas tehingu tingimustele vastavad JRJ ja CVS aktsiad. Ülejäänud kaks ajatatud makset kuuluvad tasumisele vastavalt tehingu tingimustele 6 kuu ja 12 kuu pärast. Samuti on lõpule viidud JRJ & PRF Ltd poolt aktsiate emiteerimine Christopher Leigh’le ja Victoria Leigh-Pearson’ile neile kuuluvate JRJ ja CVS aktsiate vastu, mille tulemusel 15% Omandava Ühingu aktsiatest kuulub Christopher Leigh’le ja Victoria Leigh-Pearson’ile ning 85% Omandava Ühingu aktsiatest kuulub Saaremere Kala AS-ile. Täiendavalt teavitab PRF, et ellu on viidud ka kavandatud muudatused Omandava Ühingu, JRJ ja CVS juhtkonnas. Omandava Ühingu juhatuse liikmed on Indrek Kasela, Kit Harrison, Jaakko Karo, Christopher Leigh ja Victoria Leigh-Pearson. CVS juhatuse liikmed on Indrek Kasela, Christopher Leigh ja Victoria Leigh-Pearson. JRJ juhatuse liikmed on Indrek Kasela, Christopher Leigh, Victoria Leigh-Pearson ja Jennifer Leigh, ning otsustati, et üleminekuperioodil jätkab JRJ juhatuse liikmena ka Andrew Leigh. Andrew Leigh on sündinud 18.11.1945, ta on JRJ juhatuse liige olnud aastast 1987. Andrew Leigh ei oma PRF aktsiaid. Tehingut finantseeris AS SEB Pank. Tehingut nõustasid rahvusvaheline investeerimispank Oaklins ning rahvusvaheline advokaadibüroo Eversheds Sutherland. Indrek Kasela AS PRFoods Juhatuse liige T: +372 452 1470 [email protected] www.prfoods.ee
Content of announcement in English
Title
PRF: Completion of Acquisition of Majority Shareholding in John Ross Jr. (Aberdeen) Limited and Coln Valley Smokery Limited
Message
Tallinn, Estonia, 2017-07-21 16:46 CEST (GLOBE NEWSWIRE) -- On 26 June in 2017, AS PRFoods (PRF), JRJ & PRF Limited, a company belonging to PRF consolidation group (the Acquiring Company), and Andrew Leigh, Christopher Leigh, Jennifer Leigh and Victoria Leigh-Pearson (each separately the Seller and all together the Sellers) executed a share purchase agreement (the Agreement) under which the Acquiring Company acquires from respective Sellers majority shareholding in John Ross Jr. (Aberdeen) Limited (JRJ) and Coln Valley Smokery Limited (CVS). The transaction was approved by the extraordinary general meeting of PRF on 19 July 2017 based on terms and conditions published on 26 June 2017 (the terms and conditions can be found here: https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=781053&mes sageId=981916) and information given at the general meeting (presentation and meeting minutes can be found here: http://prfoods.ee/investor-relations/shareholders-meetings/2017egm/2017-egm-deci sions). Hereby PRF announces completion of the transaction i.e. payment of purchase price of 10,525,632 GBP (12,303,485 EUR) was made on 21 July 2017 as the Acquiring Company obtained ownership to respective amount of JRJ and CVS shares as outlined in terms and conditions. The rest of the deferred payments as outlined in the terms and conditions shall be made respectively in 6 and in 12 months. Also, the issue of JRJ & PRF Ltd shares to Christopher Leigh and Victoria Leigh-Pearson in exchange of their shares in JRJ and CVS has been completed as a result of which 15% of total shares in the Acquiring Company is held by Christopher Leigh and Victoria Leigh-Pearson and 85% of total shares in the Acquiring Company is held by Saaremere Kala AS. Furthermore, PRF informs that contemplated changes in the management of the Acquiring Company, JRJ and CVS have been executed as well. The members of the board of directors of the Acquiring Company are Indrek Kasela, Kit Harrison, Jaakko Karo, Christopher Leigh and Victoria Leigh-Pearson. The members of the board of directors of CVS are Indrek Kasela, Christopher Leigh and Victoria Leigh-Pearson. The members of the board of directors of JRJ are Indrek Kasela, Christopher Leigh, Victoria Leigh-Pearson and Jennifer Leigh, and, as resolved, Andrew Leigh shall also continue for transition period as the member of the board of directors of JRJ. Andrew Leigh is born 18.11.1945 and has been in the board of directors since 1987. Andrew Leigh does not own PRF shares. The transaction was financed by AS SEB Pank. The transaction was advised by international investment bank Oaklins and international law firm Eversheds Sutherland. Indrek Kasela AS PRFoods Member of the Management Board Phone: +372 452 1470 [email protected] www.prfoods.ee