Notice of prolongation of redemption date of convertible bonds


AS Pro Kapital Grupp informs that it has prolonged the redemption date of 1 164 807 “Pro Kapital Grupp convertible bond PKG1 13.08.2013” (hereinafter referred to as Convertible Bonds PKG1) by 2 years and the new redemption date is 13.08.2017 (hereinafter referred to as the redemption date).

All holders of Convertible Bonds PKG1 agreed with AS Pro Kapital Grupp proposal to prolong the redemption date of the convertible bonds.

AS Pro Kapital Grupp has on 06.08.2015 submitted to the Estonian Central Register of Securities the application to change the redemption date of Convertible Bonds PKG1.

In total convertible bonds were prolonged with total issue price of 3 261 459,60 EUR.

The convertible bonds bear an annual interest of 7% and give the holders of the convertible bonds the right to exchange one convertible bond for one shares of AS Pro Kapital Grupp. The issue price of each convertible bond is 2,80 euro’s.

In order to subscribe for the shares of AS Pro Kapital Grupp and exchange the bonds, the bondholder must submit an application to the Company at least 10 (ten) Business Days before the Exchange Date. The Exchange Date shall be each Business Day (a day other than (a) a Saturday, (b) a Sunday, (c) Estonian national holiday, (d) public holiday or (e) another day when the registrar of the Register does not register securities) until the expiration date of the Bond, i.e. until the date of its redemption.

         Allan Remmelkoor
         Member of the Management Board
         Tel.: +372 6144 920
         Email: prokapital@prokapital.ee