Riga, 2015-12-21 16:51 CET (GLOBE NEWSWIRE) -- In accordance with the information disclosure rules of Nasdaq Riga and Article 59 of the Financial Instruments Markets Law, the Issuer, SIA “Acme Corporation”, hereby notifies that the Issuer’s fully owned subsidiary SIA “Neatkarīgā Patentu Aģentūra” (registration number 40003391818) (“NPA”) on 21 December 2015 acquired 3,615 Issuer’s bonds (ISIN LV0000800787) (the “Bonds”) for the aggregate purchase price of €1,471,160.40, i.e. EUR 406,96 per Bond. The acquired Bonds represent 71,9% of all outstanding Bonds on the date of acquisition.
The purchase price of the Bonds was paid by NPA in one installment on 21 December 2015 in accordance with the Nasdaq Riga settlement rules.
Acquisition of the Bonds by NPA will reduce the Group’s external debt and create a net saving of the Issuer’s group’s external interest service costs by more than €85,000 a calendar year since the interest (coupon) payable on the Bonds will be retained within the Issuer’s group and will be available for use for the Issuer’s group’s business purposes.
Office administrator Alona Romanova 67333504 alena@rbm.lv