Financial Supervision and Resolution Authority’s exception from mandatory takeover bid
08 Junio 2023 - 10:15AM
Financial Supervision and Resolution Authority’s exception from
mandatory takeover bid
On 07.06.2023, AS Baltika published an
announcement on the transaction between KJK Fund Sicav-SIF (in
liquidation) and its subsidiary KJK BLTK Holding OÜ under which KJK
BLTK Holding OÜ acquired all shares in AS Baltika previously held
by KJK Fund Sicav-SIF (in liquidation) i.e. approximately 89.7% of
all votes represented by the shares of AS Baltika.
Further to the information outlined in the
07.06.2023 announcement, AS Baltika hereby notifies that as the
transaction described above constitutes an intra-group transaction,
the Financial Supervision and Resolution Authority has, by its
decision issued on 07.06.2023 on the basis of respective
application from KJK BLTK Holding OÜ, made an exception from
mandatory takeover bid in accordance with item (1) of § 173 of the
Securities Market Act with respect to the referred
transaction.Brigitta KippakChairman of the Management Board,
CEObrigitta.kippak@baltikagroup.com
Baltika As (LSE:0DSK)
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