Market announcement

AS Silvano Fashion Group

LEI code

529900JNG41RRJKJYB65

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Announcement of General Meeting

Unique data record identifier

7501

Submission date and time

23.09.2019 14:50:00

Content of announcement in Estonian

Title

Aktsiakapitali vähendamise registreerimine äriregistris ja väljamaksed

Message

??

23. septembril 2019 kanti äriregistrisse AS-i Silvano Fashion Group
aktsiakapitali vähendamine 19. juunil 2019 toimunud aktsionäride erakorralise
koosoleku otsuse alusel.


Aktsionäride erakorralise koosoleku otsuse kohaselt otsustati vähendada AS-i
Silvano Fashion Group aktsiakapitali 3 600 000 euro võrra 7 200 000 eurolt
3 600 000 euroni olemasolevate aktsiate nimiväärtuse vähendamise teel 0,10 euro
võrra iga aktsia kohta ehk 0,20 eurolt 0,10 eurole.
Aktsiaseltsi aktsiate koguarv ei muutu ning aktsiate arvestuslik väärtus väheneb
võrdeliselt aktsiakapitali vähendamisega. Aktsiakapitali vähendamise tulemusena
on  AS-i Silvano Fashion Group aktsiakapitali suurus 3 600 000 eurot.

Aktsiakapitali vähendamine summas 3 600 000 eurot (0,10 eurot aktsia kohta)
makstakse välja aktsionäridele 27. septembril 2019. AS-le Silvano Fashion Group
kuuluvate oma aktsiate eest aktsiaseltsile väljamakseid ei tehta.

Aktsiate arvestusliku väärtuse vähendamisest tulenevate väljamaksete saamiseks
õigustatud aktsionäride nimekiri fikseeriti 04. juulil 2019 a. arveldussüsteemi
tööpäeva lõpu seisuga.


Jarek Särgava
Juhatuse liige
Silvano Fashion Group
Tel +372 680 1396
[email protected] (mailto:[email protected])

Content of announcement in English

Title

Registration of share capital reduction in the Commercial Register and disbursements

Message

On 23 September 2019 the decrease of the share capital of  AS Silvano Fashion
Group was registered in the Commercial Register based on the resolution adopted
by the extraordinary meeting of shareholders held on 19 June 2019.

In accordance with the resolution of the extraordinary shareholders' meeting, it
was decided to reduce the share capital of AS Silvano Fashion Group by EUR
3,600,000 from EUR 7,200,000 to EUR 3,600,000 by reducing the nominal value of
existing shares by EUR 0.10 or EUR 0.20 to EUR 0.10.

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
AS Silvano Fashion Group will be 3 600 000 euros.

The share capital reduction in the amount of 3 600 000 euros (0.10 euro per
share) will be paid out to the shareholders on 27 September 2019. For the own
shares owned by  AS Silvano Fashion Group 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 4 July 2019 at the end of the working day of the
settlement system.

Jarek Särgava
Board member
Silvano Fashion Group
Tel. +372 680 1396
[email protected] (mailto:[email protected])