Resignation of Council member


Tallinn, 2015-02-20 18:00 CET (GLOBE NEWSWIRE) -- At the Council meeting held today, 20.02.2015, Ernesto Achille Preatoni, the Member of the Council of AS Pro Kapital Grupp submitted his resignation effective immediately. Ernesto Achille Preatoni requested that his application would be announced to the next General Meeting of Shareholders of AS Pro Kapital Grupp.

Ernesto Achille Preatoni explained his resignation as follows: „Pro Kapital is very well managed and capitalized company, with excellent development portfolio. Revaluation of the assets to the market value done in the quarter which ended 31.12.2014 and the profit recorded prove that the portfolio acquired over the years has provided very good return to Pro Kapital’s long term investors. As I feel Pro Kapital is in good hands I have decided to resign from the Council of Pro Kapital to concentrate my time in developing my other projects outside of the Baltic’s and spend more time with my family.”

Pro Kapital is grateful for the contribution that Mr. Ernesto Preatoni, as a Member of the Council and shareholder, has made to the development of Pro Kapital. AS Pro Kapital Grupp Council will continue with 3 members: Emanuele Bozzone (Chairman of the Council), Petri Olkinuora (Member of the Council) and Pertti Huuskonen (Member of the Council).
 

         Iveta Vanaga
         Head of Investor Relations
         Phone: +37129239064
         E-mail: iveta@prokapital.lv