Tallinn, Estonia, 2011-07-06 08:18 CEST (GLOBE NEWSWIRE) --
The list of AS Baltika shareholders will be closed on Monday, July 11, 2011at 23:59, to determine the subscription rights for new shares. Proceeding from the above, the shares of AS Baltika are traded cum-rights for the last day today, on July 6, 2011. The shares will trade ex-rights starting on Thursday, July 7, 2011.
AS Baltika share capital will be increased from EUR 22,046,395 to EUR 25,056,395, by issuing 4,300,000 new shares at the subscription price of EUR 0.70. The subscription of new shares will be carried out from July 14 2011 until July 27 2011. Existing shareholders will be granted 1 subscription right per each existing share held. Every 7,32 subscription rights shall grant the right to subscribe for 1 new share.
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