Tallinn, Estonia, 2012-12-04 08:00 CET (GLOBE NEWSWIRE) --
The General Meeting of shareholders of AS Premia Foods (hereinafter Premia) held on 29 May 2012 decided to decrease the share capital of Premia by decreasing the nominal value of share by 0.1 euro (10 cents), as a result of which the new nominal value of Premia’s share is 0.5 euro (50 cents). The share capital of Premia was decreased by altogether 3,868,286 euro and the new amount of registered share capital of Premia is 19,341,430 euro. The decrease of share capital of Premia and related amendments to the Articles of Association were registered in the Commercial Register on 3 September 2012.
According to the Commercial Code, upon decrease of share capital, payments to shareholders may be made no earlier than after 3 months as from the registration of share capital decrease in the Commercial Register. The payments related to the share capital decrease of Premia will be made on 20 December 2012. In accordance with the decision of the General Meeting of shareholders, the list of shareholders participating in the share capital decrease was determined as of 29 August 2012 at 23.59 and the amount of payments made to the shareholders upon decrease of share capital will be 0.10 euro (10 cents) per share.
Additional information:
Kuldar Leis
AS Premia Foods
Chairman of Management Board
T: 6 033 800
kuldar.leis@premia.ee
www.premiafoods.eu