Börsiteade

Pealkiri

Notice on Public Offering, Listing and Admission to Trading of Shares of AS Baltika

Teade

AS  Baltika  (registry  code  10144415, address  Veerenni  24, Tallinn, Estonia)
hereby announces a public offering of shares of Baltika AS and informs about the
contemplated listing and admission to trading of the new shares on the regulated
market  operated  by  Nasdaq  Tallinn  AS  (register  code 10359206). The public
offering is based on the decision of the general meeting of shareholders held on
12 April 2019.

Public Offering of Shares

AS  Baltika offers up to 50,000,000 new  shares to existing shareholders and the
public  in Estonia  in accordance  with the  prospectus. The minimum and maximum
number  of  shares  offered  that  can  be  subscribed has not been established.
Shareholders  of  the  company  who,  as  of  1 July 2019, are registered as the
company's shareholders at the end of the working day of the settlement system of
the  Estonian  Securities  Depository,  shall  be  entitled to subscribe for the
shares  offered. For each  existing company share,  the shareholder will receive
one  preferential subscription right. The  investors may submit the subscription
orders  both in  possession of  the preferential  subscription rights and in the
absence  of the preferential subscription rights.  The offering shall be held in
Estonia Republic. Trading with subscription rights will not occur.

The  nominal value  of offered  shares is  0.1 euros and  offering price is 0.1
euros.

In  order to submit  a subscription order,  the investor must  hold a securities
account in the Nasdaq CSD. In order to submit a subscription order, the investor
must contact AS LHV Pank and submit a subscription order for the purchase of the
offered shares under the conditions described below:


In  order to submit a subscription  order, digitally signed applications must be
sent  to AS  LHV Pank  by e-mail:  [email protected]. For further information and
questions, please contact AS LHV Pank customer support at 6 800 400.

In  order  to  participate  in  the  offering,  subscription  orders may only be
submitted in euros and the investor of the offering shall bear any costs or fees
related with the subscription order.

+----------------------------------------+-------------------------------------+
|Securities account holder:              |Name of the investor                 |
+----------------------------------------+-------------------------------------+
|Securities account:                     |Securities account number of the     |
|                                        |investor                             |
+----------------------------------------+-------------------------------------+
|Securites account manager:              |Name of the investor`s securites     |
|                                        |account manager                      |
+----------------------------------------+-------------------------------------+
|Security:                               |AS Baltika lihtaktsia additional 14  |
+----------------------------------------+-------------------------------------+
|ISIN code:                              |EE3801145618                         |
+----------------------------------------+-------------------------------------+
|Quantity of securites:                  |The maximum number of shares offered,|
|                                        |which the investor wishes to         |
|                                        |subscribe                            |
+----------------------------------------+-------------------------------------+
|Price (per share):                      |0.10 euros                           |
+----------------------------------------+-------------------------------------+
|Transaction price:                      |Maximum number of shares offered,    |
|                                        |which the investor wishes to         |
|                                        |subscribe, multiplied by the price of|
|                                        |the offered shares                   |
+----------------------------------------+-------------------------------------+
|Counterparty of transaction:            |AS Baltika                           |
+----------------------------------------+-------------------------------------+
|Counterparty`s securites account        |AS LHV Pank                          |
|manager:                                |                                     |
+----------------------------------------+-------------------------------------+
|Counterparty`s securities account:      |99101637642                          |
+----------------------------------------+-------------------------------------+
|Settelment date:                        |August 13, 2019                      |
+----------------------------------------+-------------------------------------+
|Type of transaction:                    |?PURCHASE"                           |
+----------------------------------------+-------------------------------------+
|Settelment type:                        |?by transfer (payment order)"        |
+----------------------------------------+-------------------------------------+


The time schedule of the offering of the shares is as follows:

April    12, 2019                         -The   Annual   General   Meeting   of
Shareholders decided to issue 50,000,000 new ordinary shares

July  1, 2019                            -Fixing  the  list  of shareholders who
have preferential right for subscribing the offered shares

July  16, 2019                          -The  offering  period  begins  for both
subscribers   with   preferential  subscription  rights  and  investors  without
preferential subscription rights

August 7, 2019                       -Ends offering period

August 8, 2019                       -Disclosure of the offering results

August 13, 2019                     -Settelments

August   19, 2019                     -Trading   on  the  Nasdaq  Tallinn  Stock
Exchange begins


Listing and admission to trading

AS  Baltika will submit  an application for  listing and trading  of the offered
shares  on the main list  of Nasdaq Tallinn Stock  Exchange. Although AS Baltika
makes  every effort to list  and admit new shares,  AS Baltika cannot ensure the
listing and admission to trading.

Availability of Prospectus

The   Prospectus  is  electronically  available  on  the  Financial  Supervision
Authority's website www.fi.ee, on the company's website www.baltikagroup.com and
on   the   Nasdaq   Tallinn   Stock   Exchange  website  www.nasdaqomxbaltic.com
(http://www.nasdaqomxbaltic.com/).


Before investing in AS Baltika shares, please read the full Prospectus.


Maigi Pärnik-Pernik
Member of the Management Board
[email protected]