Announcement of public offering of shares of Nordic Fibreboard AS
Nordic Fibreboard AS (registry code: 11421437, address: Rääma tn 31, Pärnu,
80044 Estonia; the Company) hereby announces the additional public offering of
its shares. Only existing shareholders of the Company are entitled to
participate in the offering, who will be granted pre-emptive subscription rights
in proportion to the number of shares held by them. The offering is based on an
information document prepared by the Company, which is available on the
Company's website: https://www.nordicfibreboard.com/investor/stock-information/.
The information document has been prepared in accordance with Article 1(4)(db)
of Regulation (EU) 2017/1129 of the European Parliament and of the Council (the
"Prospectus Regulation"), including the information set out in Annex IX to the
Prospectus Regulation. Accordingly, no prospectus for the public offering will
be prepared or published. The shares are publicly offered only in Estonia and
not in any other jurisdiction.
Overview of important terms and conditions of the Offering:
Up to 4,000,000 shares are offered publicly. The shares will be allocated
according to their subscription orders, but not more than the respective person
has pre-emptive subscription rights for the shares. In the part exceeding this
amount, the shares will be allocated among the subscribers in proportion to the
pre-emptive rights belonging to the subscribers (but not more than the number of
shares subscribed for by the respective person). If it appears that more shares
have been subscribed for than offered, the subscribed shares will be allocated
among the subscribers in proportion to the pre-emptive rights belonging to the
subscribers. If the subscribed shares do not divide between the subscribers
exactly, the Supervisory Board of the Company will decide on the final
allocation of the subscribed shares among the subscribers. The Company reserves
the right to give preference to the Company's employees, members of the
management bodies and their holding companies when deciding on the allocation of
shares that have not divided exactly. If not all new shares have been subscribed
for by the end of the offering period, the Management Board of the Company has
the right to extend the offering period or cancel the shares that have not been
subscribed for during the offering period.
Only existing shareholders of the Company are entitled to participate in the
offering, who will be granted pre-emptive subscription rights in proportion to
the number of shares held by them. The list of persons (shareholders) entitled
to exercise the pre-emptive right will be determined as at the end of the
business day of the Nasdaq CSD settlement system on 15 September 2025. The
subscription orders of persons not entitled to participate in the offering will
be cancelled and will not be taken into account when deciding on the allocation
of the offering.
The offering period, during which it is possible to subscribe for shares, will
commence on 12 September 2025 at 10:00 and end on 26 September 2025 at 16:00
(Estonian time).
The offer price is EUR 0.50, of which EUR 0.10 is the book value of the share
and EUR 0.40 is the share premium. Only a whole number of shares can be
subscribed for.
An investor who wishes to submit a subscription order, must contact the account
operator that manages its Nasdaq CSD securities account.
Important dates:
The below timetable sets out the most important dates related to the offering:
12 September 2025 at 10:00 Start of the offering period
26 September 2025 at 16:00 End of the offering period
on or about 30 September 2025 Announcement of the results of the offering
on or about 2 October 2025 Settlement of and payment for the new shares
First trading day on Nasdaq Tallinn Stock
on or about 15 October 2025 Exchange
Form of the subscription order:
+--------------------------------------+---------------------------------------+
|Owner of the securities account: |[name of the investor] |
+--------------------------------------+---------------------------------------+
| |[number of the investor´s securities|
|Securities account: |account] |
+--------------------------------------+---------------------------------------+
| |[name of the investor´s account|
|Account operator: |operator] |
+--------------------------------------+---------------------------------------+
|Security: |NORDIC FIBREBOARD AKTSIA additional 1 |
+--------------------------------------+---------------------------------------+
|ISIN code: |EE3801092505 |
+--------------------------------------+---------------------------------------+
| |[the number of shares which the|
| |investor wishes to subscribe for|
|Amount of securities: |(amount)] |
+--------------------------------------+---------------------------------------+
|Price (per one share): |EUR 0.50 |
+--------------------------------------+---------------------------------------+
| |[the number of shares which the|
| |investor wishes to subscribe for,|
|Transaction amount: |multiplied by the offer price] |
+--------------------------------------+---------------------------------------+
|Counterparty: |Nordic Fibreboard AS |
+--------------------------------------+---------------------------------------+
|Securities account of the| |
|counterparty: |99114136732 |
+--------------------------------------+---------------------------------------+
|Account operator of the counterparty: |AS LHV Pank |
+--------------------------------------+---------------------------------------+
|Type of transaction: |"purchase" or ?subscription" |
+--------------------------------------+---------------------------------------+
|Type of settlement: |delivery versus payment |
+--------------------------------------+---------------------------------------+
The Company applies for the shares to be issued in the course of the offering to
be admitted to trading on the Baltic Secondary List of the Nasdaq Tallinn Stock
Exchange. The shares to be issued in the course of the offering are expected to
be admitted to trading on or about 15 October 2025.
Before investing in the Company's shares, please read the information document
in its entirety and, if necessary, consult an expert.
For additional information:
Enel Äkke
Member of the Management Board of Nordic Fibreboard AS
Tel: +372 5552 5550
E-mail: [email protected] (mailto:[email protected])
Nordic Fibreboard AS is a holding company established in Estonia. The main
activity of Nordic Fibreboard AS group is the production and wholesale of
building materials through the subsidiary Nordic Fibreboard Ltd OÜ.
Important information:
This announcement is an advertisement of securities within the meaning of
Prospectus Regulation. Before making an investment decision, we kindly ask the
investors to read the Company´s information document, and, if necessary, consult
with an expert. Each investor should make their investment solely based on
information that is contained in the information document.
The information contained herein is not for release, distribution or
transmission, in whole or in part, directly or indirectly, in or into the United
States, Canada, Hong Kong, Japan, Singapore, South Africa or any other country
or circumstance in which the release, publication or transmission would be
unlawful. The Company's shares are publicly offered only in Estonia and there is
no public offering in any jurisdiction where such offering or sale would be
unlawful before registration or qualification of the laws of such jurisdiction.
The shares are offered only on the basis of the information document and the
offer is directed only to the persons to whom the information document is
addressed. This announcement has not been approved by any supervisory authority
and is not a prospectus.
Enel Äkke
Member of Management Board
Nordic Fibreboard AS