Published: 2019-05-07 08:48:42 CEST
Frigate
Company Announcement

Frigate AS share capital increase – Record date for increasing share capital and Ex-date

Frigate AS at the extraordinary general meeting of shareholders on 15 April 2019 made decision to increase the share capital of Frigate AS from EUR 560 000 to EUR 660 000 by issuing additional 100 000 class A shares, as well as to approve the rules for the increase of the share capital and amendments to the Articles of Association of Frigate AS. More information here.

In turn on 29 April 2019 at the annual general meeting Frigate AS discussed the issue of amendments to the rules for the increase of the share capital of Frigate AS approved on 15 April 2019, but shareholders of Frigate AS decided to announce a break for making a decision on this issue until 30 April 2019, therefore decision to amend the rules for the increase of the share capital of Frigate AS approved on 15 April 2019 was made at Frigate AS extraordinary general meeting of shareholders on 30 April 2019. More information here.

15 May 2019 is set as the record date on which the list of shareholders of Frigate AS (FRGTE, ISIN code LV0000101665), which will have the rights for new issue shares, will be fixed.

Proceeding from the above, the Ex-date is 14 May 2019. From this date the new owner of the shares will not have the rights to the new issue shares.

The Board of Frigate AS

 

Frigate AS, founded in 2015 in Latvia, is an international group of companies currently active in Switzerland, Luxembourg, Singapore, Lithuania and Latvia, which provides services in various investing areas according to client’s needs. Frigate AS provides a wide range of services which give investors access to securities - investment advice, portfolio management, executing orders for clients, structured products for different kinds of clients, documentary maintenance of investment operations and helping companies raise funds on capital markets. Frigate AS staff has all the licenses required for the activity on securities market and has extensive experience in working with documentation and cooperation with regulatory authorities. The company’s specialists are certified by the regulatory authorities in the field of preventing money laundering. For more information, visit: www.frigate.eu.

Frigate AS shares are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for Frigate AS is SIA Nexia Audit Advice.

 

         Contact information:
         Address: 18 Smilšu Street, Riga, LV-1050, Latvia
         Contact person: Armands Bušs, partner
         E-mail: bush@frigate.eu
         Phone: +371 29512246
         
         Certified Adviser:
         SIA Nexia Audit Advice
         Contact person: Olga Molčanova
         E-mail: olga@auditadvice.lv
         Phone: +371 67333228