Published: 2020-12-08 13:40:44 CET
Baltic Technology Ventures
Corporate Action

Corporate Action - the nominal value change

Hereby AS “Baltic Technology Ventures” informs that amendments in the Articles of Association were approved by the extraordinary shareholders meeting on November 27, 2020. The amendments stipulate that the nominal value of the shares is changed from EUR 1.40 to EUR 0.1. The new Articles of Association were registered with the Commercial registry on December 3, 2020.

Taking into account that in accordance to the new Articles of Association the nominal value of the shares is set EUR 0.10, the number of the company’s issued shares will be increased by a factor of fourteen. The Record date reflecting these changes is set on December 17, 2020, which means that all shareholders who own the company’s shares at end of the day of December 17, 2020, on the following day of December 18, 2020 will note that the number of shares owned is increased by a factor of fourteen.

Registered Articles of association attached.

Additional information and key dates1:

Current ISIN code before the nominal value change LV0000101384
New ISIN code after nominal value change LV0000101772
New nominal value 0,1 EUR
Number of listed shares after the nominal value change 23 109 800
Last trading date with the previous ISIN before nominal value change 15.12.2020.
Record date 17.12.2020.
Payment date 18.12.2020.

1The information provided only about the shares listed on Nasdaq Riga alternative market First North.  

 

Member of the Management Board                                                             G.Zolotarev

         Contacts:
         Address: 1-5 Rupniecibas Street, Riga, LV-1010
         Phone: +371 67783611
         
         Contact person:
         Gene Zolotarev
         Member of the Management Board
         Phone: +371 67783601
         e-mail: gene@baltictechventures.com
         
         Certified consultant:
         Svetlana Hramčenko
         "Law Office Spridzans" Ltd.
         Phone: +371 26712718
         e-mail: svetlana.hramcenko@spridzans.lv


statuti-1.pdf