Decision of Frigate AS Board on determination of share premium
Riga, Latvia, 2019-12-06 15:03 CET -- On 4 December 2019 Frigate AS, registration no. 40103953555, Board members Dmitry Solovyev and Alexander Letovaltsev after collection of demand data for new issue of shares, pursuant to Section 310 of the Commercial Law on taking of decisions by a Board of Directors and Section 259 of the Commercial Law on nominal value and selling price of newly issued stock and its change, as well as taking into account the right of Frigate AS to change the share premium limits from EUR 0.00 to EUR 10.00 per share specified in the article 6B of the rules for the increase of the share capital approved by the extraordinary general meeting of shareholders of Frigate AS on 15 April 2019 and amended by the extraordinary general meeting of shareholders of Frigate AS on 30 April 2019, unanimously decided:
To determine the share premium of EUR 0.00 per share for Class A bearer shares (ISIN LV0000101665) authorized by the decisions of the extraordinary general meeting of Frigate AS on 15 April 2019 and the extraordinary general meeting of Frigate AS on 30 April 2019.
To determine the selling price of one Class A bearer share (ISIN LV0000101665) as aforesaid, consisting of a nominal value of EUR 1.00 per share, and a share premium of EUR 0.00 per share.
To declare the above amendments effective from 19 December 2019.
The Board of Frigate AS
Frigate AS, founded in 2015 in Latvia, is an international group of companies currently active in Switzerland, Luxembourg, Singapore, Lithuania and Latvia, which provides services in various investing areas according to client’s needs. Frigate AS provides a wide range of services which give investors access to securities - investment advice, portfolio management, executing orders for clients, structured products for different kinds of clients, documentary maintenance of investment operations and helping companies raise funds on capital markets. Frigate AS staff has all the licenses required for the activity on securities market and has extensive experience in working with documentation and cooperation with regulatory authorities. The company’s specialists are certified by the regulatory authorities in the field of preventing money laundering. For more information, visit: www.frigate.eu.
Frigate AS shares are admitted to trading on Nasdaq Baltic First North Market.
The Certified Adviser for Frigate AS is SIA Nexia Audit Advice.
Address: 18 Smilšu Street, Riga, LV-1050, Latvia
Contact person: Armands Bušs, partner
Phone: +371 29512246
SIA Nexia Audit Advice
Contact person: Olga Molčanova
Phone: +371 67333228