Published: 2018-04-05 11:05:53 CEST
Baltic Dairy Board
Inside information

Changed - the coupon payment on 28 April 2018

The Baltic Dairy Board has started the restructuring process of the company, i.e. the transition to a biotechnological product - GOS (Galacto-oligosaccharide) - production in the form of syrup and powder, which has led to an increased need for working capital, therefore the coupon payment on 28 April 2018, in compliance with Clause 3.5, would  make the money flow of the enterprise more difficult.

The following decision was made:

  1. Not to pay out the coupon payment of 28 April 2018,
  2. Starting from 28 April 2018, increase the nominal value of one bond to 1 295,03 EUR (one thousand two hundred ninety five euros and 03 cents).

         Kaspars Kazaks
         Chairman of the Board
         Phone:+ 371 26010072
         e-mail: kaspars@bdb.lv