OREANDA-NEWS. AS Baltika announces that public offering of bonds decided on the Annual general meeting of shareholders held on 28 April 2014, was exercised in full, i.e. all 600 offered bonds in the total amount of 3,000,000 euros. Total of 691 bonds were subscribed for which means over-subscription of 1.15 times.

All subscription applications were submitted by shareholders of AS Baltika and bonds were allocated in accordance with the method described in the Prospectus for the Offering. The prospectus and its summary in Estonian are available in an electronic form on the website of the Financial Supervision Authority and on the website of the Company. Oversubscribed bonds will be cancelled.

Bonds are transferred to securities account on or about 1 of August 2014. Oversubscribed and cancelled bonds funds will be returned by emission agent to subscribers by 1 of August 2014.