PRFoods: Registration of share capital reduction in the Commercial Register and disbursements


Tallinn, Estonia, 2015-10-02 12:42 CEST (GLOBE NEWSWIRE) --  

On 2 October 2015, the decrease of the share capital of AS PRFoods and related amendments to the Articles of Association were registered in the Commercial Register based on the resolutions adopted by the General Meeting of Shareholders of the Company held on 28 May 2015. The new registered share capital of the Company is EUR 7,736,572, which is divided into 38,682,860 ordinary shares with nominal value of EUR 0.20 (20 euro cents) per share.

According to the Commercial Code, upon reduction of the share capital, payments to shareholders may be made not earlier than after 3 months as from the registration of the share capital decrease in the Commercial Register. Therefore the monetary payments to the shareholders which are related with the reduction of the share capital in the total amount of EUR 11,604,858 (EUR 0.30 per share) will be made on 3 January 2016.


List of shareholders entitled for the payments due to the reduction of share capital was fixed in accordance with the resolution of the General Meeting on 28 August 2015, at 23:59.
 

         Indrek Kasela
         AS PRFoods
         Member of the Management Board
         Phone: +372 6033 800
         indrek.kasela@prfoods.ee
         www.prfoods.ee