Skip to main content

Financial Supervision and Resolution Authority’s exception from mandatory takeover bid

On 07.06.2023, AS Baltika published an announcement on the transaction between KJK Fund Sicav-SIF (in liquidation) and its subsidiary KJK BLTK Holding OÜ under which KJK BLTK Holding OÜ acquired all shares in AS Baltika previously held by KJK Fund Sicav-SIF (in liquidation) i.e. approximately 89.7% of all votes represented by the shares of AS Baltika.

Further to the information outlined in the 07.06.2023 announcement, AS Baltika hereby notifies that as the transaction described above constitutes an intra-group transaction, the Financial Supervision and Resolution Authority has, by its decision issued on 07.06.2023 on the basis of respective application from KJK BLTK Holding OÜ, made an exception from mandatory takeover bid in accordance with item (1) of § 173 of the Securities Market Act with respect to the referred transaction.

Brigitta Kippak
Chairman of the Management Board, CEO
brigitta.kippak@baltikagroup.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.