Is the bond interest 6% calculated on the nominal value or issuance price?
K-Bonds, with the issuance price of 5,000 euros each bond, bear interest 6.0% per annum. Calculation of interest is based on the total amount paid (issuance price) for bonds.
How much of Baltika’s collections are produced in Estonia?
In Estonia, in Baltika Group’s production units, about 50% of all Baltika’s collections are produced.
What is the most successful store of Baltika Group?
The most successful store of Baltika is Moetänav in Tallinn.
According to rate of growth in Baltika, however, the most successful shop is our e-shop Andmorefashion.com, which grew 38% in the first quarter of 2017
What are the conditions of the 2017 refinancing, are some of the shareholders privileged?
Everyone can subscribe for Bonds. In a case of oversubscription shareholders will be entitled to a preferential allocation of Bonds in proportion to the sum of the nominal value of the shareholder’s shares. More detailed information available in prospectus.
When will AS Baltika pay dividends?
Our dividend policy is described in AS Baltika Annual Report. Baltika will start paying dividends, when certain financial targets are fulfilled.
AS Baltika Annual Report with the dividend policy is available at http://www.nasdaqbaltic.com/upload/reports/blt/2016_ar_et_eur_con_00.pdf