Market announcement

Arco Vara AS

LEI code

097900BHCB0000066171

Size of the entity

Small group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Changes in rights attaching to shares

Unique data record identifier

8571

Submission date and time

15.02.2021 11:50:58

Content of announcement in Estonian

Title

Olulise osaluse muutus

Message

Lähtuvalt väärtpaberituru seaduse §-st 186 teavitab Arco Vara AS börsi olulise
osaluse muutusest.

12.02.2021 võõrandas AS Lõhmus Holdings 850 000 talle kuuluvat Arco Vara AS-i
aktsiat OÜ-le Alarmo Kapital. Võõrandatud aktsiate arv moodustas 9,45% kõikidest
Arco Vara AS aktsiatest.

Tehingu tulemusena omab OÜ Alarmo Kapital 51,83% Arco Vara AS-i hääleõiguslikest
aktsiatest. Lisaks on OÜ Alarmo Kapitalil märgitud, kuid emiteerimata 390 000
Arco Vara AS-i aktsiat, mis emiteerimise järel teeks OÜ Alarmo Kapital osaluseks
53,83%.

Kooskõlastatult Finantsinspektsiooniga ning vastavuses väärtpaberituru seadusega
teavitas OÜ Alarmo Kapital kavatsusest esitada AS Arco Vara aktsionäridele
kohustusliku ülevõtupakkumise.


Tiina Malm
Finantsjuht
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=r3a_Jpj17cfdSxB2Ctcc2ZwCDU1UPe45pNvN
gPXr8LI8vqTYotwly4sFXaMskCIMHt7W8mAOBniwIsoBnfCFyMdvK2ph4yrggrzZSKCtGSA=)

Content of announcement in English

Title

Change in substantial holding

Message

Arco Vara AS notifies the stock exchange about a change in substantial holding
as required by § 186 of the Securities Market Act.

On February 12, 2021, AS Lõhmus Holdings transferred 850,000 shares of Arco Vara
AS held by them to OÜ Alarmo Kapital. The transferred shares stood for 9.45% of
total Arco Vara AS shares.

As a result of the transaction, OÜ Alarmo Kapital now holds 51.83% of the voting
shares of Arco Vara AS. In addition to the 51.83%, 390,000 shares are subscribed
but not yet issued to OÜ Alarmo Kapital by Arco Vara AS, which after the issue
would make OÜ Alarmo Kapital a 53.83% shareholder.

In coordination with the Estonian Financial Supervision and Resolution Authority
and accordance with the Securities Market Act, OÜ Alarmo Kapital announced its
intention to make a mandatory takeover bid to the shareholders of AS Arco Vara.


Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=r3a_Jpj17cfdSxB2Ctcc2ZwCDU1UPe45pNvN
gPXr8LI8vqTYotwly4sFXaMskCIMHt7W8mAOBniwIsoBnfCFyMdvK2ph4yrggrzZSKCtGSA=)