As of today, October 6, 2010, AS Redgate Capital has been approved as a Certified Adviser on the alternative market First North in Estonia. Altogether 18 Certified Advisers are acting on First North in the Baltic countries; eight of them provide services in Estonia: Cresco Väärtpaberite AS, Deloitte Advisory, Lawfirm Aare Raig, Lawfirm Lepik & Luhaäär LAWIN, Lawfirm Sorainen, AS Redgate Capital, SEB Enskilda and Swedbank. Aare Tammemäe, the Senior Partner of AS Redgate Capital, says: „We see more small and medium size enterprises seeking alternative capital raising solutions besides traditional bank financing and First North would suit many of them very well. Capital markets are becoming more important in coming years to finance the companies' growth ambitions. Redgate Capital is a suitable partner for the companies seeking new growth capital based on our Partners' experience and recent M&A and capital raising transactions.“ Kalle Viks, the Head of Issuer Services of NASDAQ OMX Tallinn, points out: „Increasing number of active advisers on alternative market improves entrepreneurs' possibilities and widens the variety of financing alternatives. Easy access to finances for development acts as an important cornerstone for higher competitiveness.“ First North gives growth companies easier access to equity capital and visibility in the Baltic financial markets. The companies admitted to trading on First North are given the same possibilities as companies listed on a regulated market, but the regulations are lighter. A company is required to have Certified Adviser, supporting the company in complying with the disclosure requirements and other rules, so that investors have sufficient amount of information in order to take investment decisions. About AS Redgate Capital Redgate Capital, established in 2008, is a partnership based investment banking services group, offering top class financial advisory services in the Baltic region and asset management services to clients investing in Russia, the CIS and Baltic areas. About First North First North is an alternative marketplace operated by NASDAQ OMX Nordic and Baltic stock exchanges. Alternative market does no have the same legal status as a regulated market in the EU. Companies traded on First North have to follow the rules of First North instead of the requirements for a regulated market. In the Nordic countries, as many as 125 companies are already traded on First North. NASDAQ OMX Tallinn Market Services +372 6408800 Redgate Capital +372 6668 200 www.redgatecapital.eu
AS Redgate Capital becomes a Certified Adviser of the Alternative Market First North
| Source: Nasdaq Tallinn