Business
Successful Completion of Targeted Share Issue by Arco Vara AS
On 5 June 2025, the Annual General Meeting of Arco Vara AS adopted the decision to issue a targeted share offering to specific investors in order to increase the company’s share capital.Arco Vara AS announces that the targeted share issue approved by the shareholders has been successfully completed as of 11 June 2025 – the management board has adopted a resolution to shorten the subscription period due to early subscription of issued shares. In accordance with the adopted decision of the general
About this update from Arco Vara As
On 5 June 2025, the Annual General Meeting of Arco Vara AS adopted the decision to issue a targeted share offering to specific investors in order to increase the company’s share capital. Arco Vara AS announces that the targeted share issue approved by the shareholders has been successfully completed as of 11 June 2025 – the management board has adopted a resolution to shorten the subscription period due to early subscription of issued shares. In accordance with the adopted decision of the general meeting: Arco Vara AS will submit an application for the listing and trading of the new shares on the Nasdaq Tallinn Baltic Main List, and the expected first trading day of the new shares is the first day following the day on which Arco Vara has notified the Nasdaq Tallinn stock exchange of the registration of the share capital increase in the commercial register and the designation of the new shares with the ISIN code EE3100034653. Darja Bolshakova CFO Arco Vara AS +372 6144 630 [email protected]