Market announcement

Nordic Fibreboard AS

LEI code

54930002HOIXBD15OM06

Size of the entity

Small group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

6775

Submission date and time

16.07.2018 16:00:00

Content of announcement in Estonian

Title

Osaluse omandamine

Message

Skano  Fibreboard OÜ sõlmis 16.07.2018 ostulepingu  oma emaettevõttega OÜ Trigon
Wood,  osaluse omandamiseks  AS-s Trigon  Property Development.  Tehing teostati
16.07.2018.

Tehingu  tulemusel omandas  Skano Fibreboard  OÜ 179 275,00 euro eest 355 000 AS
Trigon  Property Development  aktsiat, mis  moodustavad 7,89% kõigist  AS Trigon
Property  Development aktsiatest. Skano Fibreboard  OÜ omab nüüd kokku 15,59% AS
Trigon Property Development hääleõiguslikest aktsiatest.

AS  Trigon Property Development on  kinnisvaraarendusettevõte, mis on noteeritud
NASDAQ  OMX Tallinna  Börsil. Hetkel  omab AS  Trigon Property  Development ühte
kinnisvaraarendusprojekti, milleks on Niidu arendusala Pärnu linnas.

Osaluse  omandamise  eesmärgiks  oli  suurendada  Skano  Fibreboard  OÜ  osalust
kinnisvara omavas ettevõttes.

Vastavalt  NASDAQ OMX  Tallinna Börsi  poolt emitendile  kehtestatud reeglitele,
tuleb  eelnimetatud  müügitehingut  käsitleda  tehinguna  seotud  osapoolega. OÜ
Trigon  Wood omab enamusosalust AS-is Skano  Group (Skano Fibreboard OÜ on Skano
Group  AS  100% tütarettevõte)  ning  enamusosalust  ka  AS-is  Trigon  Property
Development.

Tehingu   tulemusel   väheneb  OÜ  Trigon  Wood  osalus  AS-is  Trigon  Property
Development praeguselt 51,91%-lt kuni 44,02%-ni.

Skano  Group AS nõukogu ja juhatuse liikmed ning ka Skano Fibreboard OÜ juhatuse
liikmed ei ole tehingust muul viisil isiklikult huvitatud.

Tehing   on  sooritatud  turutingimustel.  Tehing  ei  oma  olulist  mõju  Skano
Fibreboard OÜ kasumile, varadele ja kohustustele.

ASil  Trigon Property Development ja  Skano Fibreboard OÜl puuduvad omavahelised
kehtivad lepingud.


Torfinn Losvik

Juhatuse liige

[email protected] (mailto:[email protected])

Content of announcement in English

Title

Acquisition of shareholding

Message

On 16.07.2018 Skano Fibreboard OÜ concluded the contract with its mother company
OÜ  Trigon Wood  for a  purchase of minority  shareholding in AS Trigon Property
Development. The transaction was executed on 16.07.2018.

As  a result of the transaction,  Skano Fibreboard OÜ acquired 355,000 shares of
AS Trigon Property Development for 179,275.00 EUR, which represents 7.89% of all
AS  Trigon Property Development  shares. Skano Fiberboard  OÜ now owns 15.59% of
the voting shares of AS Trigon Property Development.

AS  Trigon  Property  Development  is  a  property development company listed on
NASDAQ  OMX Tallinn  Stock Exchange.  Currently, AS  Trigon Property Development
owns  one property  development project,  which is  the land-area in Niidu area,
Pärnu city, Estonia.

The  goal of purchase of the participation was to increase Skano Fibreboard OÜ's
shareholding in a company owning real estate.

Pursuant to the rules for issuers as established by the NASDAQ OMX Tallinn Stock
Exchange,  the abovementioned  sales transaction  is considered  a related-party
transaction. OÜ Trigon Wood owns the major shareholding in AS Skano Group (Skano
Fibreboard  OÜ  is  100% subsidiary  of  Skano  Group  AS)  as well as the major
shareholding  in AS Trigon Property Development. As a result of the transaction,
the  shareholding  of  OÜ  Trigon  Wood  in AS Trigon Property Development shall
decrease from 51.91% to 44.02%.

The  members of the supervisory  and executive boards of  AS Skano Group and the
executive  board of Skano Fibreboard OÜ have no other, personal interests in the
transaction.

The  transaction was concluded in accordance with current market conditions. The
transaction  has no  significant effect  on profit,  assets, and  liabilities of
Skano Fibreboard OÜ.

AS  Trigon Property Development  and Skano Fibreboard  OÜ do not  have any valid
agreements.


Torfinn Losvik

Member of the Management Board

[email protected] (mailto:[email protected])