Market announcement

AS BALTIKA

LEI code

48510000I3W254YEMG75

General information

Categories

Other corporate action

Unique data record identifier

8045

Submission date and time

28.05.2020 09:00:57

Content of announcement in Estonian

Title

Lisainformatsioon AS Baltika täiendavate finantseeringute kaasamise osas

Message

Baltika   teavitas   30. aprillil   2020 börsil   avalikustatud   saneerimiskava
kokkuvõttes   ja   võlausaldajatele   edastatud   saneerimiskava  täisversioonis
täiendavate  finantseeringute kaasamise võimalustest. Kredex saatis 30. aprillil
2020 AS-ile  Baltika otsuse 4 miljoni euro suuruse laenu heakskiitmise  kohta ja
ka  ettevõtte enamusaktsionär KJK Fund SICAV-SIF on kinnitanud valmisolekut anda
Baltikale  täiendavalt  laenu  kuni  neli  miljonit eurot. Üheks laenude saamise
eelduseks oli AS Baltika saneerimiskava kinnitamine.

Kredex   on   hiljem  teavitanud  Baltikat,  et  laenu  väljastamist  arutab  ka
sihtasutuse    nõukogu.    Baltika    informeerib    investoreid,   et    saatis
va?liskaubandus-  ja infotehnoloogiaminister Raul  Siemile ning Kredexi no?ukogu
esimehele  ja  majandusministeeriumi  kantslerile  Ando  Leppimanile pöördumise,
milles  palub  jätta  jõusse  Kredexi  otsuse eraldada ettevõttele neli miljonit
eurot laenu.

Flavio Perini
Juhatuse liige, tegevjuht

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

Content of announcement in English

Title

Additional information regarding the additional financing of AS Baltika

Message

On  April 30, 2020 AS  Baltika notified  via stock  exchange announcement in the
summary of the reorganization plan and in the full version of the reorganization
plan  sent to the creditors, the additional financing opportunities. On 30 April
2020, Kredex sent a decision to AS Baltika to approve a loan of 4 million euros,
and the company's majority shareholder KJK Fund SICAV-SIF has also confirmed its
readiness  to provide an additional loan of up to four million euros to Baltika.
One   of  the  preconditions  for  receiving  loans  was  the  approval  of  the
reorganization plan of AS Baltika.

Kredex  has later informed  Baltika that the  issuance of the  loan will also be
discussed  by the supervisory board of the foundation. Baltika informs investors
that  it  has  sent  a  letter  to  Raul  Siem,  Minister  of  Foreign Trade and
Information  Technology, and Ando Leppiman, Chairman of the Supervisory Board of
Kredex  and Secretary  General of  the Ministry  of Economic Affairs, requesting
that  Kredex's decision to  grant a loan  of four million  euros would remain in
force.

Flavio Perini
Member of Management Board, CEO

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