Skip to main content

Takeover bid for Arco Vara AS shares

Written by Customer Service on . Posted in Mergers And Acquisitions.

The majority shareholder of Arco Vara AS („Arco Vara“) OÜ Alarmo Kapital notified stock exchange on 2 March 2021 of a mandatory takeover bid for purchasing all Arco Vara shares. The purchase price is 1,30 euros per share. Arco Vara has issued a total of 8 998 367 registered ordinary shares with a nominal value of 0,70 euros. As at making the takeover bid, OÜ Alarmo held 4 664 242 Arco Vara shares, which totalled approximately 51,8343% of Arco Vara shares and of the total votes represented by the corresponding shares. Additionally, OÜ Alarmo Kapital has subscribed for, but not issued 390 000 Arco Vara shares (the increase of the share capital is pending with the commercial register). When the increase of the share capital is registered, the holding of Alarmo Kapital OÜ will be approximately 53,83% of the share capital.The period for accepting the Bid commences on 2 March 2021 at 10:00 and ends at 31 March 2021 at 16:00 (Estonian time). Payment of the purchase price and transfer of Arco Vara shares shall take place on 7 April 2021. The specific conditions of the takeover bid are submitted in the takeover bid prospectus and the notice of takeover bid.
Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
tiina.malm@arcovara.comAttachmentTakeover Prospectus Alarmo Kapital – Arco Vara

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.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.