Today: December 13, 2018, 8:40 pm
  
Business

Notice regarding to proposal by exercising right of priority to acquire newly issued shares of AB Klaipedos nafta

PR-Inside.com: 2018-12-06 07:02:03

AB Klaipėdos nafta, legal entity code 110648893, registered address Buriu str. 19, Klaipeda (hereinafter – the Company), by initiative of Board and its Resolution on 8 November 2018 1:00 p. m. was convened an Extraordinary General Meeting of Shareholders of the Company (hereinafter – the General meeting of shareholders), during which it was decided to increase authorized capital of the Company by additional contributions issuing 478 642 units of ordinary registered shares.

The record day of the General meeting of shareholders which has decided to increase the authorized capital by additional contributions is 31 October 2018. Newly issued shares issue price according to the weighted average market price of shares of the Company within 6 months for the period from 16 April 2018 to 16 October 2018 it is equal to 0,52 EUR for 0,29 EUR nominal value share. Newly issued shares for those who acquire them provides rights which are laid down on Law on Companies of the Republic of Lithuania.

The right of priority to acquire newly issued shares of the Company it is determined for those who on 22nd November 2018 (in the end of the record day) by the ownership rights own newly issued shares of the Company. Abovementioned persons newly issued shares could acquire in proportion to the nominal value of owned shares. The owner of the rights of priority has the following rights:

  • By exercising all or part of the rights of priority, during the period, determined in the notice, until the end of expiration period of the right of priority to acquire (subscribe) newly issued shares of the Company by issue price;
  • During the period of expiration of the right of priority, not later than 3 working days until the end of expiration period of the right of priority, to transmit all the rights of priority or its part to the other persons;
  • Not to exercise the rights of priority;
  • Dispose of the rights of priority, manage and use them in the other ways and in accordance with the procedure established by the law.

To apply for the acquisition (subscription) of the newly issued shares of the Company exercising rights of priority may from 7th December until December 20th (inclusive). Before the start of the distribution of shares, an account in the Central Securities Depository will be opened.
The transmission of shares is allowed by the procedure and terms of the law. The shares subscription agreements shall be concluded in the registered address of the Company Buriu str. 19, Klaipeda, in the 2nd floor small hall from 9:00 a. m. to 3:00 p. m. (lunch break from 11:30 a. m. to 1:30 p. m). The shares subscription agreements shall be signed by the direct participation of the shareholder or its duly authorized representative. Agreements by the fax, post or in other different ways will not be accepted.

The Resolution of the General meeting of shareholders to increase the authorized capital of the Company by additional contributions issuing new registered ordinary shares of the Company shall be access at registered address of the Company Buriu str. 19, Klaipeda, as well as, in to the Company‘s website www.kn.lt or in to the website of Nasdaq Vilnius market of Securities www.nasdaqbaltic.com.

In purpose to get any additional information regarding to the acquisition (subscription) of rights, transmission or exercising of them, please contact: +370 694 38 737 (working days from 7:30 a. m. to 04:30 p. m.).

Attachment




# 713 Words
Related Articles
More From The Author
Toshiba Adds New 12TB and 14TB Helium-Sealed [..]
Toshiba Electronic Devices & Storage Corporation : This press release features multimedia. View the full release here. Toshiba: [..]
Tenaris informs the market on prosecutors’ request [..]
LUXEMBOURG, Dec. 05, 2018 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) has [..]
Constellation Brands to Report Third Quarter Fiscal [..]
VICTOR, N.Y., Dec. 05, 2018 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, [..]
AM Best Assigns Credit Ratings to AVLA [..]
AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” to [..]
AM Best Assigns Credit Ratings to AVLA [..]
AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to [..]
 
More From Business
Learn about Dishonest Companies and Specialist on [..]
12 December 2018 – Beware.org provides the most favorable conditions for average consumers to publish the alerts and warnings about [..]
Brands Reviews Offers the Best Quality Reviews
12 December 2018 – Brands Reviews is offering the largest collection of reliable and trusted qqtube review and subpals review [..]
509 Electric Is the Best Residential Electrical [..]
Yakima, USA – 12 December 2018 – 509 Electric is the best Yakima Electrical Contractor ready to offer top quality [..]
Cross Talks Awarded $5K Grant from the [..]
The Penn State Brandywine Boost, a program of the Invent Penn State initiative, has selected Delaware State Chamber Member, Soraya [..]
Huber Needles: Market is likely to register [..]
This Market Study provides key insights and forecast on the global Huber needles market for the forecast period 2017-2024. The [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.