We hereby announce that during the offer period, from 07.06.2011 to 22.06.2011, all the new shares of AS Baltika (registry code 10144415, hereinafter the „Company“) were not subscribed for during the term indicated in the resolution on increase of share capital, thus, according to section 1 of article 347 of the Estonian Commercial Code, the share subscription shall be deemed to have been an under subscription.
Pursuant to paragraph 3.2.3 of the prospectus, the management board of the Company decided on 27.06.2011 to terminate the public offering of shares.
Additional information:
Maigi Pärnik
AS Baltika
Member of the Board
Telephone: +372 630 2731
E-mail: maigi.parnik@baltikagroup.com