Outcome of Subscription to Arco Vara AS Bonds

In total, 3,392 unique investors participated in the subscription, subscribing for bonds in the amount of EUR 21.9 million. Thus, the base volume of the issue of EUR 10 million was oversubscribed 2.2 times.In accordance with the prospectus, Arco Vara AS exercised the right to increase the offering volume by 50,000 bonds, as a result of which the total issue volume increased to EUR 15 million. The management board of Arco Vara AS, with the approval by the supervisory board, decided on the...

On Friday, 22/09/2025 (informazione.news - comunicati stampa - servizi)

In total, 3,392 unique investors participated in the subscription, subscribing for bonds in the amount of EUR 21.9 million. Thus, the base volume of the issue of EUR 10 million was oversubscribed 2.2 times.

In accordance with the prospectus, Arco Vara AS exercised the right to increase the offering volume by 50,000 bonds, as a result of which the total issue volume increased to EUR 15 million. The management board of Arco Vara AS, with the approval by the supervisory board, decided on the allocation of the offered bonds at its discretion, based inter alia on the following principles:

As a result of the issuance, Arco Vara AS will issue 150,000 bonds with a nominal value of EUR 100, an annual interest rate of 8.8% and a maturity date of September 24, 2028, resulting in a total issuance volume of EUR 15 million. The bonds will be transferred to investors’ securities accounts on or about September 24, 2025, and trading on the Baltic Bond List of Nasdaq Tallinn Stock Exchange is anticipated to commence on or about September 25, 2025.

Darja Bolshakova
CFO
Arco Vara AS
darja.bolshakova@arcovara.com

This notice is an advertisement for securities within the meaning of the Regulation No 2017/1129/EU of 14 June 2017 of the European Parliament and of the Council of the European Parliament, and does not constitute an offer to sell or invitation to subscribe to bonds of Arco Vara AS. The information contained in this notice is not intended to be published, distributed, or transmitted, in whole or in part, directly or indirectly, in any other country or under any circumstance where publication, sharing, or transmission would be unlawful. Bonds of Arco Vara AS will be publicly offered only in Estonia, and the sale or offer of the bonds shall not take place in any jurisdiction where such offer, invitation, or sale would be unlawful without the exception or qualification of law.