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

Categories

Other price sensitive information

Unique data record identifier

6464

Submission date and time

23.01.2018 17:00:00

Content of announcement in Estonian

Title

PRF: Täiendav teadaanne äriühingutes John Ross Jr. (Aberdeen) Limited ja Coln Valley Smokery Limited enamusosaluse omandamise tehingu täitmise kohta

Message

Tallinn, Eesti, 2018-01-23 16:00 CET (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 (Müüjad) sõlmisid 26.06.2017 aktsiate müügilepingu (Leping),
mille kohaselt Omandav Ühing omandas vastavatelt Müüjatelt enamusosaluse
äriühingutes John Ross Jr. (Aberdeen) Limited (JRJ) ning Coln Valley Smokery
Limited (CVS). 

Vastavalt 19.07.2017 toimunud PRF erakorralise üldkoosoleku poolt heaks
kiidetud tehingu tingimustele kuulus ostuhind tasumisele mitmes osas.
Ostuhinnast 10 525 632 GBP (ehk 12 303 485 EUR, Eesti Panga vahetuskurss
31.03.2017) tasuti 21.07.2017 (sellekohane börsiteade leitav siit
https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=784541&mes
sageId=986514
), ülejäänud ostuhinna tasumine ajatati. 

Käesolevaga teatab PRF, et ostuhinna ajatatud makse summas 752 991 GBP (880 176
EUR, Eesti Panga vahetuskurss 31.03.2017) tasuti 22.01.2018. aastal, st.
kooskõlas aktsionäride poolt heaks kiidetud tehingu tingimustega. 

Tehingu tingimused on leitavad siit:
https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=781053&mes
sageId=981917. 

Indrek Kasela
AS PRFoods
Juhatuse liige
T: +372 452 1470
[email protected]
www.prfoods.ee

Content of announcement in English

Title

PRF: Additional announcement regarding Completion of Acquisition of Majority Shareholding in John Ross Jr. (Aberdeen) Limited and Coln Valley Smokery Limited

Message

Tallinn, Estonia, 2018-01-23 16:00 CET (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). 

According to the transaction terms approved by the extraordinary general
meeting of PRF on 19 July 2017, the purchase price was payable in several
parts. Part of the purchase price in the amount of 10,525,632 GBP (i.e.
12,303,485 EUR, Estonian Bank exchange rate 31.03.2017) was paid on 21.07.2017
(respective announcement can be found here
https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=784513&mes
sageId=986475
), payment of the rest of the purchase price was deferred. 

Hereby PRF announces that the deferred part of the purchase price in the amount
of 752,991 GBP (880,176 EUR, Estonian Bank exchange rate 31.03.2017) was paid
on 22 January 2018, i.e. in accordance with the terms and conditions approved
by the shareholders. 

The terms and conditions of the transaction can be found here:
https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=781053&mes
sageId=981916. 



Indrek Kasela
AS PRFoods
Member of the Management Board
T: +372 452 1470
[email protected]
www.prfoods.ee