Transaction with related parties
28 Julho 2023 - 10:30AM
Transaction with related parties
AS Baltika (hereinafter “Baltika”) hereby notifies investors of
the following related parties transaction.
Baltika and its shareholder KJK BLTK Holding AS have entered
into a loan agreement effective from 26.07.2023, whereby KJK Fund
SICAV-SIF, through its wholly-owned subsidiary KJK BLTK Holding AS,
grants a loan in the amount of 600,000 euros with an interest rate
of 6.0% per annum and a maturity date of 31.12.2024. The loan is
unsecured and is intended to finance Baltika's business activities
and support liquidity.
As KJK BLTK Holding AS holds a significant stake in Baltika and
is a 100% subsidiary of KJK Fund SICAV-SIF, and KJK Fund SICAV-SIF
board members Lauri Kustaa Äimä and Jaakko Sakari Mikael Salmelin
are members of Baltika's supervisory board, the above-mentioned
transaction qualifies as a related party transaction and is not
considered a significant transaction under the Nasdaq Tallinn Stock
Exchange rules.
Margus OleskMember of the Management Board,
CFOmargus.olesk@baltikagroup.com
Baltika As (LSE:0DSK)
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