Successful Completion of Targeted Share Issue by Arco Vara AS

Arco Vara AS announces that the targeted share issue approved by the shareholders has been successfully completed as of 11 June 2025 – the management board has adopted a resolution to shorten the subscription period due to early subscription of issued shares. In accordance with the adopted decision of the general meeting: The share capital of Arco Vara AS was increased by issuing 6,980,000 new ordinary shares at an issue price of €2.50 per share (nominal value €0.70 and share premium €1.80)...

On 5 June 2025, 12/06/2025 (informazione.news - comunicati stampa - servizi)

Arco Vara AS announces that the targeted share issue approved by the shareholders has been successfully completed as of 11 June 2025 – the management board has adopted a resolution to shorten the subscription period due to early subscription of issued shares. In accordance with the adopted decision of the general meeting:

Arco Vara AS will submit an application for the listing and trading of the new shares on the Nasdaq Tallinn Baltic Main List, and the expected first trading day of the new shares is the first day following the day on which Arco Vara has notified the Nasdaq Tallinn stock exchange of the registration of the share capital increase in the commercial register and the designation of the new shares with the ISIN code EE3100034653.

Darja Bolshakova
CFO
Arco Vara AS
+372 6144 630
darja.bolshakova@arcovara.com