Börsiteade

Pealkiri

Results of the subscription of debt securities

Teade

AS Pro Kapital Grupp (hereinafter Pro Kapital) informed its investors on
17.07.2015 that Pro Kapital Management Board decided to announce the start of
the second subscription process of the secured, callable, fixed rate bonds
(hereinafter the “Bonds”). 



The Management Board has decided on the allocation of the second subscription
of the Bonds as follows: 



  1. Pro Kapital will issue 64 Bonds with total issue price of  EUR 6 483 911,04
     EUR;
  2. the nominal value of the Bonds will be EUR 100 000 each;
  3. the Bonds will carry interest at a 8%, p.a.;
  4. the issue date of the second tranche of the Bonds is expected to take place
     on or around 31.07.2015;
  5. the final redemption date of the Bonds will take place on 01.06.2020;
  6. the obligations and liabilities of Pro Kapital arising from the Bonds and
     related documents will be secured by the first ranking security over the
     following assets:

  -- all shares (including rights attached thereto) in the following companies
     owned by Pro Kapital and its subsidiaries (including all shares issued and
     acquired at any time in the future): AS Pro Kapital Eesti, Pro Kapital
     Latvia JSC, Pro Kapital Vilnius Real Estate UAB, PRO KAPITAL Germany GmbH,
     Pro Kapital Germany Holdings OÜ, OÜ Ilmarise Kvartal, Pro Halduse OÜ, OÜ
     Hotel Management Services, AS Tondi Kvartal, OÜ Marsi Elu, PK Hotel
     Management Services GmbH, “Kl?versala” SIA, “Tallina nekustamie ?pašumi”
     SIA, "NEKUSTAMO ?PAŠUMU SABIEDR?BA "ZVAIGZNES CENTRS"" SIA, “Hotel
     Management Services” SIA; In Vitam UAB; PK Invest UAB and Pro Kapital Bonum
     UAB;
  -- two banks accounts opened in connection with the issuance of the Bonds
     (debt service account and deposit account);

  1. the Bonds will be registered with Euroclear Sweden AB;
  2. Pro Kapital plans to apply for the listing of the Bonds at the corporate
     bond list on Nasdaq Stockholm.



Pro Kapital informs that OÜ Svalbork Invest, which is a company controlled by
Mr. Ernesto Preatoni‘s family member, subscribed bonds in amount of EUR 5 876
044,38. Mr. Ernesto Preatoni and affiliates are largest shareholders of Pro
Kapital. 



CEO of Pro Kapital Paolo Michelozzi comment on the second subscription of the
Bonds: “we are satisfied with the allocation amount of the second subscription
of the bonds and are glad that one of the largest shareholders of Pro Kapital
decided to participate in the subscription of the Bonds”. 



This notice has been published to comply with the rule 7.6. of the Requirement
for Issuers of Nasdaq Tallinn Stock-Exchange. 






         Allan Remmelkoor
         Member of the Management Board
         Tel.: +372 6144 920
         Email: [email protected]