Transaction with related parties
May 11 2023 - 6:00AM
Transaction with related parties
AS Baltika (hereinafter “Baltika”) hereby notifies investors of
the following related parties transaction.
Baltika and Baltika’s shareholder KJK Fund SICAV-SIF, via its
holding company, have entered into a loan agreement on 10th May
2023, under which KJK Fund SICAV-SIF via its holding company shall
grant to Baltika a loan with the principal amount of 500,000 EUR,
interest rate of 6.0% and repayment date 31.12.2024. Loan has been
granted without collateral. The purpose of the loan is to finance
Baltika’s business activities.
As KJK Fund SICAV-SIF holds a qualifying holding in Baltika and
members of the Management Board of KJK Fund SICAV-SIF 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. The transaction is not considered a
significant transaction under the rules of Nasdaq Tallinn Stock
Exchange.
Margus OleskMember of the Management Board,
CFOmargus.olesk@baltikagroup.com
Baltika As (LSE:0DSK)
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