Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Changes in rights attaching to shares

Unique data record identifier

7481

Submission date and time

06.09.2019 14:48:29

Content of announcement in Estonian

Title

Aktsiakapitali vähendamise registreerimine äriregistris ja väljamaksed

Message

03. septembril    2019 kanti   äriregistrisse   Nordecon   AS-i   aktsiakapitali
vähendamine 29. mail 2019 toimunud aktsionäride üldkoosoleku otsuse alusel.

Aktsionäride  üldkoosoleku  otsuse  kohaselt  otsustati  vähendada Nordecon AS-i
aktsiakapitali   1 942 528,98 euro   võrra 16  321 014,70 eurolt 14  378 485,72
euroni.  Aktsiakapitali vähendatakse aktsiate  arvestusliku väärtuse vähendamise
teel  0,06 euro võrra aktsia kohta. Aktsiaseltsi  aktsiate koguarv ei muutu ning
aktsiate  arvestuslik väärtus väheneb  võrdeliselt aktsiakapitali vähendamisega.
Aktsiakapitali  vähendamise tulemusena on Nordecon AS-i aktsiakapitali suurus 14
378 485,72 eurot, mis jaguneb 32 375 483 nimiväärtuseta aktsiaks.

Aktsiakapitali  vähendamine  summas  0,06 eurot  aktsia  kohta  makstakse  välja
aktsionäridele  18. detsembril 2019. Nordecon AS-le  kuuluvate oma aktsiate eest
aktsiaseltsile väljamakseid ei tehta.

Aktsiate  arvestusliku väärtuse vähendamisest  tulenevate väljamaksete saamiseks
õigustatud  aktsionäride nimekiri fikseeriti 12. juunil 2019 a. arveldussüsteemi
tööpäeva lõpu seisuga.

Nordeconi                       kontsern                       (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=UX1FF3EkmFsqvvC3EnDaC5hot6v3--TJrHOI
FY5iMTZkdhCosxQgHMrrj46vb_Wk4MeS57lUn-aV8GFoZamRqQ==))  hõlmab  ettevõtteid, mis
on   keskendunud   hoonete   ja   rajatiste   ehitamise  projektijuhtimisele  ja
peatöövõtule.  Geograafiliselt tegutsevad kontserni ettevõtted Eestis, Ukrainas,
Soomes  ja Rootsis. Kontserni emaettevõte Nordecon  AS on registreeritud ja asub
Tallinnas,  Eestis.  Kontserni  2018. aasta  konsolideeritud  müügitulu oli 223
miljonit  eurot. Nordeconi kontsern annab hetkel tööd ligi 680 inimesele. Alates
18.05.2006 on    emaettevõtte   aktsiad   noteeritud   NASDAQ   Tallinna   Börsi
põhinimekirjas.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected]
(https://www.globenewswire.com/Tracker?data=_t3fXVhm2nCWGpeEFF8aN6MVsK5GsEm0WvSE
3a1BN3o4nPGvySJTnhCSOn67I3HWbzunVlvxK0EyS5yFGa3Wow9M6uyHAP1inF4jhwxhXYutFYxVj-
eFHH0o_wThy3bx)
www.nordecon.com
(https://www.globenewswire.com/Tracker?data=3yponHqMEWwncuOiqoRUnqK6AJAe35TFefeu
5EyErHVZEvE1tTlDUXagJh8T_D8IA9gu4fgRiPQABrgO0acDGw==)

Content of announcement in English

Title

Registration of share capital reduction in the Commercial Register and disbursements

Message

On 03  September  2019 the  decrease  of  the  share  capital of Nordecon AS was
registered  in the  Commercial Register  based on  the resolution adopted by the
general meeting of shareholders held on 29 May 2019.

Pursuant  to the  resolution of  the general  meeting of  shareholders the share
capital   will  be  decreased  by  1,942,528.98 euros  from 16,321,014.70  euros
to 14,378,485.72 euros. The share capital will be decreased by reducing the book
value  of the shares by 0.06 euro. The total number of the shares of the company
will not change and the book value of shares shall be reduced proportionately to
the  reduction of the  share capital. As  a result of  the decrease of the share
capital,  the share capital  of Nordecon AS  will be 14,378,485.72 euros that is
divided into 32,375,483 shares without nominal value.

The  share capital reduction in  the amount of 0.06 euro  per share will be paid
out  to  the  shareholders  on  18 December  2019. For  the  own shares owned by
Nordecon AS no payments shall be made to the company.

The  list of shareholders entitled to receive the payments from the reduction of
the  share capital was fixed on 12 June 2019 as at the end of the working day of
the settlement system.

Nordecon                                                       (www.nordecon.com
(https://www.globenewswire.com/Tracker?data=UX1FF3EkmFsqvvC3EnDaC5hot6v3--TJrHOI
FY5iMTZkdhCosxQgHMrrj46vb_Wk4MeS57lUn-aV8GFoZamRqQ==))    is    a    group    of
construction  companies whose  core business  is construction project management
and   general   contracting   in  the  buildings  and  infrastructures  segment.
Geographically  the Group operates in Estonia,  Ukraine, Finland and Sweden. The
parent of the Group is Nordecon AS, a company registered and located in Tallinn,
Estonia.  The consolidated revenue  of the Group  in 2018 was 223 million euros.
Currently  Nordecon  Group  employs  close  to 680 people. Since 18 May 2006 the
company's  shares have been quoted in the  main list of the NASDAQ Tallinn Stock
Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: [email protected]
(https://www.globenewswire.com/Tracker?data=_t3fXVhm2nCWGpeEFF8aN6MVsK5GsEm0WvSE
3a1BN3o4nPGvySJTnhCSOn67I3HWbzunVlvxK0EyS5yFGa3Wow9M6uyHAP1inF4jhwxhXYutFYxVj-
eFHH0o_wThy3bx)
               (https://www.globenewswire.com/Tracker?data=8Ajw1AuS46wezGDkgDHQ-
9_1g0V5ZXnNuZ-5cVXPDzodwoHS5kVdcHKEEl3MRRxIsN-
k_dMmedHHXlDALJcTMQ==)www.nordecon.com
(https://www.globenewswire.com/Tracker?data=3yponHqMEWwncuOiqoRUnsPW3sYDW4PY80EU
L66DKDN_eE0JYBfkOOZG2aaPcrZWJy-NqAgmrfw9GsFtSfCYjQ==)