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ARC1T - Arco Vara AS News Story

€1.6 -0.0  -0.6%

Last Trade - 16/04/21

Sector
Financials
Size
Micro Cap
Market Cap £12.5m
Enterprise Value £19.8m
Revenue £12.2m
Position in Universe 504th / 795

Change in substantial holding

Wed 13th January, 2021 12:26pm
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Arco Vara AS notifies the stock exchange about a change in substantial holding
as required by § 186 of the Securities Market Act.

On January 11, 2021, LHV Pensioninfond L transferred 869,587, LHV Pensionifond
XL 365,619, LHV Pensionifond M 51,240 and LHV Täiendav Pensionifond 10,391,
in total 1,296,837 shares of Arco Vara AS held by them to OÜ Alarmo Kapital.
The transferred shares stood for 14.41% of total Arco Vara AS shares.

As a result of the transaction, OÜ Alarmo Kapital now holds 42.39% of the
voting shares of Arco Vara AS. In addition to the 42.39%, 390,000 shares are
subscribed but not yet issued to OÜ Alarmo Kapital by Arco Vara AS, which
after the issue would make OÜ Alarmo Kapital a 44.78% shareholder.



Tiina Malm
 CFO
 Arco Vara AS
 Tel: +372 614 4630
 tiina.malm@arcovara.com
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