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Arco Vara AS

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17.03.2010 16:32:32

Pealkiri

17.03.2010: Arco Vara aktsiakapitali vähendamine on lõppenud

Teade

16.03.2010 jõustus äriregistri kanne Arco Vara AS aktsiakapitali vähendamise    
kohta.  Aktsiakapital vähenes 952 841 000 kroonilt (60 897 639 eurolt) 47       
417 070 kroonile (3 030 503 eurole). Aktsiakapitali vähendamise käigus tühistati
90 542 443 Arco Vara aktsiat ning alles jäi 4 741 707 aktsiat.                  

Aktsiakapitali vähenemise otsustasid Arco Vara AS aktsionärid 11.12.2009        
toimunud aktsionäride erakorralisel üldkoosolekul, mille tulemuste kohta on Arco
Vara 11.12.2009 avaldanud börsiteate. Aktsiakapitali vähendamine oli tingitud   
eesmärgist vähendada Arco Vara AS aktsia hinna volatiilsust ja võimaldada aktsia
efektiivsemat hinnastamist börsil, samuti loomaks uusi võimalusi                
kapitalistruktuuri edasiseks tugevdamiseks. Alates kapitali vähendamise         
otsustamisest aktsionäride poolt, on Arco Vara AS aktsia väärtus NASDAQ OMX     
Tallinna Börsil pidevalt tõusnud.                                               

Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud  
1992. aastal. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda 
kinnisvaravahendus ja hindamine, ehitus ning kinnisvarahaldus. Firmal on        
esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Kontsernis töötab ca 
170 inimest.                                                                    

1 EUR=15,6466 EEK                                                               

Lembit Tampere                                                                  
Juhatuse liige                                                                  
Arco Vara AS                                                                    
Tel: +372 614 4630                                                              
info@arcovara.ee                                                                
http://www.arcorealestate.com/

Pealkiri

17.03.2010: Reduction of Arco Vara's share capital has finalized

Teade

16.03.2010 came into force entry in the commercial register about reduction of  
Arco Vara AS share capital. Share capital was reduced from 952 841 000 kroons   
(60 897 639 euros) to 47 417 070 kroons (3 030 503 euros). During the share     
capital reduction 90 542 443 shares were cancelled and 4 741 707 shares         
remained.                                                                       

Reduction of share capital was decided by the Extraordinary General Meeting of  
the Shareholders of Arco Vara AS on 11.12.2009, about which was published the   
stock exchange news on 11.12.2009.    Purpose for reduction of the share capital
of Arco Vara AS was to decrease volatility of the price of shares of Arco Vara  
AS, to provide an opportunity for more efficient pricing of the shares on the   
stock exchange and to provide an opportunity for further strengthening the      
capital structure. Since resolution of shareholders Extraordinary General       
Meeting where the share capital reduction was decided, the value of Arco Vara AS
share in NASDAQ OMX Tallinn Stock Exchange has been constantly increasing.      

Founded in 1992 Arco Vara is one of the leading property developers in the      
Baltic States. The main business of the company is property development, which  
is supported by the group's own property brokering, valuation, construction and 
property management units. The company has representative offices in 17 towns   
across Estonia, Latvia, Ukraine and Bulgaria. The Group has a staff of ca 170.  

1 EUR=15.6466 EEK                                                               

Lembit Tampere                                                                  
Member of the management board                                                  
Arco Vara AS                                                                    
Tel: +372 614 4630                                                              
info@arcovara.ee                                                                
http://www.arcorealestate.com/