Brief: Arco Vara As Says Will Issue 2,670,000 New Common Shares With Nominal Value Of 0.7 Eur Per Share

Arco Vara AS

27/12/2017 08:56

Dec 27 (Reuters) - Arco Vara As  ARC1T.TL : 
    * SAYS WILL ISSUE 2,670,000 NEW COMMON SHARES WITH NOMINAL 
VALUE 
OF 0.7 EUR PER SHARE 
    * SAYS  ISSUANCE PRICE 1 NEW COMMON SHARE WILL BE 1.5 EUR, 
WHICH 
CONSISTS OF 0.7 EUR NOMINAL VALUE AND 0.8 EUR PREMIUM 
    * THE NEW SHARE CAPITAL OF THE COMPANY WILL BE 6,423,908 
EUR. 
    * ARCO VARA  -THE SUBSCRIPTION PERIOD FOR THE NEW SHARES 
WILL 
COMMENCE ON 29 DEC 2017 AT 09:00 AND TERMINATE ON 15 JAN 2018 AT 
16:00 
    * ARCO VARA  -THE ISSUE IS DIRECTED TO THE COMPANY'S 
EXISTING 
SHAREHOLDERS AND WILL TAKE PLACE ONLY IN ESTONIA 
    * ARCO VARA  -THE EXISTING SHAREHOLDERS OF THE COMPANY WILL 
HAVE 
THE PREFERENTIAL RIGHT TO SUBSCRIBE FOR THE NEW SHARES 
    * ARCO VARA  - PAYMENT SHALL BE MADE BY MONETARY 
CONTRIBUTION AT 
THE LATEST DURING 3 WORKING DAYS AFTER END OF SUBSCRIPTION 
PERIOD 
 
Source text : http://bit.ly/2l4tga2 
Further company coverage:  ARC1T.TL  
 
 (Gdynia Newsroom) 
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