Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other corporate action
Unique data record identifier
8234
Submission date and time
28.08.2020 10:00:00
Content of announcement in Estonian
Title
Teavitus saneerimiskava kinnitava kohtumääruse jõustumise ning seotud isikuga sõlmitud tehingu kohta
Message
? Aktsiaselts BALTIKA (edaspidi ?Baltika") on teavitanud avalikkust börsiteadete vahendusel Baltika suhtes toimuvast saneerimismenetlusest ja Baltika saneerimiskava kinnitamisest kohtu poolt. Eelnevaga seoses annab Baltika teada, et Baltika sai 27.08.2020. a pärastlõunal teavituse, et saneerimiskava kinnitav kohtumäärus jõustus 26.08.2020. a. Baltika tänab siiralt kõiki oma võlausaldajaid ja teisi koostööpartnereid mõistva suhtumise eest raskel ajal, millise toetuse abil on õnnestumas jätkata ettevõtte tegevuse ning arenguga. Täiendavalt teavitab Baltika käesolevaga investoreid, et Baltika ja selle tütarettevõtted (edaspidi ?Baltika Grupp"), AS Kawe ning selle tütarettevõtted (edaspidi ?Kawe Grupp" ning Baltika aktsionär KJK Fund SICAV-SIF'iga läbi selle valdusettevõte (edaspidi ?KJK") on sõlminud lepingu, mille alusel omandas KJK Kawe Group'ilt teatud nende nõuded Baltika Grupi vastu. Nõuete omandamise raames nõuete sisu ei muudetud ning ainsa muutusena Baltika Grupi jaoks on nüüdsest kohustus Kawe Grupi ühingute asemel KJK vastu. Baltika hinnangul ei too nimetatud tehing kaasa mõju Baltika kasumile, varadele ja kohustustele. Kuna KJK Fund SICAV-SIF omab Baltikas olulist osalust ning KJK Fund SICAV-SIF juhatuse liikmed Lauri Kustaa Äimä ja Jaakko Sakari Mikael Salmelin on Baltika nõukogu liikmed, kvalifitseerub ülalpool nimetatud tehing tehinguks seotud isikutega Nasdaq Tallinna Börsi reglemendi mõistes. Flavio Perini Juhatuse liige, tegevjuht [email protected] (https://www.globenewswire.com/Tracker?data=q- GPQmHVPZ7-bwxgoHHTM4AoxZUhoyHoT8WLnukay9nSRCgysUd- HdtnZxAzWqwVx6nnZvH49hlzXYS83R-aXYxnuAc0BkgLbhpn9rO8AeqGYAeKCGi6AiwDGx_8EkVt)
Content of announcement in English
Title
Announcement on the entry into force of a court ruling regarding the approval of the reorganization plan and on transaction with related party
Message
? Aktsiaselts BALTIKA (hereinafter "Baltika") has by way of company announcements announced to the public that Baltika is undergoing reorganization and that the reorganization plan of Baltika has been approved by the court. In light of this, Baltika announces that in the afternoon of 27 August 2020, it was notified that the court ruling regarding the approval of the plan came into force on 26 August 2020. Baltika is sincerely thankful to all its creditors and other partners for their understanding at these difficult times, thanks to which support it is possible to continue the operations and development of the company. Furthermore, Baltika hereby notifies investors that Baltika and its subsidiaries (jointly as "Baltika Group"), AS Kawe and its subsidiaries (jointly as "Kawe Group") and KJK Fund SICAV-SIF via its holding company (hereinafter "KJK ") have entered into an agreement, in accordance with which KJK acquired from Kawe Group certain claims against Baltika Group. Upon acquiring the claims, the substance of the claims remained unchanged and the only change for Baltika Group is that the creditor of the claims is KJK, instead of Kawe Group. In the opinion of Baltika, the transaction shall not have an effect on Baltika's profit, assets and liabilities. As KJK Fund SICAV-SIF holds a qualifying holding in Baltika and members of the Management Board of KJK Fund SICAV-SIF Lauri Kustaa Äimä and Jaakko Sakari Mikael Salmelin are members of the Supervisory Board of Baltika, the aforementioned transaction qualifies as a transaction with persons connected with the issuer in the meaning of the rules of Nasdaq Tallinn Stock Exchange. Flavio Perini Member of Management Board, CEO [email protected] (https://www.globenewswire.com/Tracker?data=q- GPQmHVPZ7-bwxgoHHTM4AoxZUhoyHoT8WLnukay9nSRCgysUd- HdtnZxAzWqwVx6nnZvH49hlzXYS83R-aXYxnuAc0BkgLbhpn9rO8AeqGYAeKCGi6AiwDGx_8EkVt)