ISIN.net update courtesy of Nasdaq’s Global Newswire. Lithuanian Company, UTENOS TRIKOTAŽAS released information regarding increased authorized capital and redemption of convertible bonds.
AB „UTENOS TRIKOTAŽAS“, legal entity code 183709468, registered address at J. Basanavičiaus str. 122, Utena, Republic of Lithuania (hereinafter – the Company) hereby announces that:
1. On 12 January 2015, the Register of Legal Entities of the Republic of Lithuania registered a new wording of the Company’s Articles of Association with regard to the increased Company’s authorized capital. The authorized capital of the Company was increased by implementing the decisions of the Company’s General Shareholders Meetings held on 03-12-2009, 26-03-2014 and pursuant to the convertible bonds (ISIN code LT1000450007) holders written requests to convert 19 (nineteen) units of these convertible bonds into 4 503 000 (four million five hundred three thousand) ordinary registered shares of the Company. The authorized capital of the Company indicated in the new wording of the Company’s Articles of Association is equal to EUR 2 755 870 (two million seven hundred fifty five thousand eight hundred seventy euros) and is divided into 9 503 000 (nine million five hundred three thousand) ordinary registered shares with a nominal value of EUR 0.29 (twenty nine euro cents) each.
2. On 12 January 2015, the Company has fully redeemed 31 (thirty one) units of convertible bonds (ISIN code LT1000450007) for the total redemption price of the bonds equal to EUR 2 127 840 (two million one hundred twenty seven thousand eight hundred forty euros) and 16 (sixteen) units of convertible bonds (ISIN code LT1000450015) for the total redemption price of the bonds equal to EUR 917 520 (nine hundred seventeen thousand five hundred twenty euros).
For more information please contact Mr. Gintautas Bareika, Managing Director of AB “Utenos trikotažas”, tel. No. 370 389 51445.
Managing Director AB “Utenos trikotažas” Gintautas Bareika