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

Takeover bid

Unique data record identifier

8623

Submission date and time

02.03.2021 09:50:00

Content of announcement in Estonian

Title

Arco Vara AS aktsiate ülevõtmispakkumine

Message

Arco Vara AS (?Arco Vara") enamusaktsionär OÜ Alarmo Kapital teavitas 02.
märtsil 2021 kohustuslikust ülevõtmispakkumisest kõigi Arco Vara aktsiate
omandamiseks. Aktsiate ostuhind on 1,30 eurot ühe aktsia kohta. Arco Vara on
emiteerinud kokku 8 998 367 nimelist lihtaktsiat, nimiväärtusega 0,70 eurot.
Ülevõtmispakkumise tegemise hetkel on OÜ-l Alarmo Kapital 4 664 242 Arco Vara
aktsiat, mis moodustab ligikaudu 51,8343% Arco Vara aktsiatest ning vastavate
aktsiatega esindatud häälte koguarvust. Lisaks on OÜ-l Alarmo Kapital märgitud,
kuid emiteerimata 390 000 Arco Vara aktsiat (äriregistris on aktsiakapitali
suurendamise menetlus pooleli). Kui aktsiakapitali suurendamine
registreeritakse, saab OÜ Alarmo Kapital osaluse suuruseks ligikaudu 53,83%
aktsiakapitalist.

Pakkumise aktseptimise tähtaeg algab 02. märtsil 2021 kell 10 ja kestab kuni
31. märtsini 2021 kell 16:00 (Eesti aja järgi).  Arco Vara aktsiate ostuhinna
tasumine ja ülekandmine toimub 07. aprillil 2021. Ülevõtmispakkumise täpsed
tingimused on esitatud ülevõtmispakkumise prospektis ja ülevõtmispakkumise
teates
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1007529&m
essageId=1261895).


Tiina Malm
Finantsjuht
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=BrycjcNRc09h-
HkL_JF5nb6sLTYnJqLahODN27GhImJ8aqvBVk_jnXR44rd49l87AsNvKbgwmCF5n6uZUN0ZSYWl9n8Ut
iIUV2h05EyGZqo=)

Content of announcement in English

Title

Takeover bid for Arco Vara AS shares

Message

The majority shareholder of Arco Vara AS (?Arco Vara") OÜ Alarmo Kapital
notified stock exchange on 2 March 2021 of a mandatory takeover bid for
purchasing all Arco Vara shares. The purchase price is 1,30 euros per share.
Arco Vara has issued a total of 8 998 367 registered ordinary shares with a
nominal value of 0,70 euros. As at making the takeover bid, OÜ Alarmo held
4 664 242 Arco Vara shares, which totalled approximately 51,8343% of Arco Vara
shares and of the total votes represented by the corresponding shares.
Additionally, OÜ Alarmo Kapital has subscribed for, but not issued 390 000 Arco
Vara shares (the increase of the share capital is pending with the commercial
register). When the increase of the share capital is registered, the holding of
Alarmo Kapital OÜ will be approximately 53,83% of the share capital.

The period for accepting the Bid commences on 2 March 2021 at 10:00 and ends at
31 March 2021 at 16:00 (Estonian time). Payment of the purchase price and
transfer of Arco Vara shares shall take place on 7 April 2021. The specific
conditions of the takeover bid are submitted in the takeover bid prospectus and
the notice of takeover bid
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1007529&m
essageId=1261896).


Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=BrycjcNRc09h-
HkL_JF5nb6sLTYnJqLahODN27GhImJ8aqvBVk_jnXR44rd49l87AsNvKbgwmCF5n6uZUN0ZSYWl9n8Ut
iIUV2h05EyGZqo=)