JSC K2 LT, legal entity code 301950535, with registered office at Metalistu str. 3, Kėdainiai (hereinafter - the Company), on the initiative of the Board and by decision made on 2018 December 21 10:00 am, The Extraordinary General Meeting of Shareholders of the Company (hereinafter - General Meeting of Shareholders) was held, during which it was decided to increase the authorized capital of the Company by additional contributions of shareholders from EUR 278 827 (two hundred seventy eight thousand eight hundred twenty seven euros) to EUR 497 577 (four hundred ninety seven thousand five hundred seventy-seven euros) by up to 218,750 (two hundred and eighteen thousand seven hundred and fifty) units of ordinary registered shares with a par value of EUR 1 each (one euro).
It was decided that the issue price of the newly issued shares is equal to EUR 16 (sixteen euros) per share (par value 1 euro). The total price of all shares issued by the Company is EUR 3 500 000 (three million five hundred thousand euros).
The priority right to acquire the newly issued shares of the Company shall be determined for persons who, in 2019 January 10 (at the end of the rights accounting day) owns the shares issued by the Company. The newly issued shares will be available to these persons in proportion to the nominal value of the shares held. The right holder has the right to:
- by using all or part of the priority rights, to acquire (subscribe for) the newly issued shares of the Company during the period specified in the notice prior to the expiry of priority period;
- to transfer all or part of the priority rights to other persons during the period of priority, but no later than 3 business days before the expiry date of the priority rights;
- not to exercise priority rights;
- have the right to use them in other ways and in accordance with the procedure established by legal acts.
Each shareholder of the Company has 14 (fourteen) calendar days (from January 21, 2019) priority rights to acquire the number of shares issued, which is proportional to the number of the Company shares owned at the end of the rights accounting day.
It is possible to apply for the acquisition (subscription) of newly issued shares of the Company tusing priority rights from January 21st. until February 4th (inclusive). An account will be opened at the Central Securities Depository before the start of the share issue.
Share subscription agreements will be concluded at the premises of Dominas LEVIN at Vilniaus g. 31, Vilnius. Share subscription agreements will be signed directly with the shareholder or his duly authorized person. Contracts will not be accepted by fax, post or otherwise. The authorized persons of the Company's shareholders shall submit a duly executed and notarized (applicable to natural persons and foreign legal persons, if such approval is required by the law of the foreign state concerned).
For additional information on the acquisition / signing, assignment or exercise of rights, please contact:
JSC "K2 LT" CEO Bernardas Vilkelis, tel.: +370 686 62266 (working days from 9 AM to 5:30 PM), e-mail: bernardas@k2lt.lt
