Estonia, 2016-10-18 19:19 CEST (GLOBE NEWSWIRE) -- At 18 October 2016, the reduction of share capital of AS Harju Elekter on the basis adopted by resolution of the General Meeting of Shareholders held at 28 April 2016 was entered in the Commercial Register.
According to the resolutions of the General Meeting of Shareholders held on 28 April 2016 it was decided to reduce the share capital of the Company altogether by EUR 1,241,791.60 from EUR 12,417,916 to EUR 11,176,124.40. The share capital is reduced by reducing the book value of the shares from EUR 0.70 to EUR 0.63, whereas the number of the shares remains the same (i.e. 17,739, 880). The reduction of share capital in the amount of EUR 1,241, 791.60 (EUR 0.07 per share) shall be paid to the shareholders three months after entry of the reduction of share capital in the commercial register, on 20th of January 2017.
The list of shareholders, who were entitled to receive the payment related to reduction of the book value of shares was closed on 12 May 2016 at 23:59.
Andres Allikmäe
Managing Director/CEO
+372 6747 400
Prepared by:
Moonika Vetevool
Corporate communication and investor relations manager
+372 671 2761