Latvian Forest Company AB is a publicly traded, Swedish limited liability
company that offers private individuals and legal entities the opportunity
to invest in favorably valued forest property in Latvia.
Interim report Jan-June 2020
Period January-December 2019
Minutes kept at the Annual General Meeting of Latvian Forest Company AB (publ), org. 556789-0495, at 10.00, Monday, December 16, 2019 in Stockholm.
Read moreParts of the acquisition have already been taken up and the remaining shall be taken later.
Read moreShareholders wishing to participate in the Meeting shall be included in the share register kept by Euroclear Sweden AB ("VPC) and report their participation no later than Wednesday December 11, 2019.
Read moreLFC informs that its past CEO and board member Fredrik Zetterström has called for arbitration against Latvian Forest Company AB regarding profit sharing corresponding to EUR 378,500.
Read moreAll shares in the subsidiaries have been sold, leading to a surplus of 10,803 TEUR
Today, Monday, July 1, 2019, is the record day to receive a dividend. According to a resolution of the Annual General Meeting dividend to the shareholders shall be paid EUR 0.54 per share or a total of EUR 11 075 973.
Read moreBook value of fixed assets amounts to 24,733.2 (21,924.3) TEUR
Notice of the Annual General Meeting of Latvian Forest Company AB (publ).
Shareholders of Latvian Forest Company AB (publ), org. No. 556789-0495, (the "Company") is hereby invited to the Annual General Meeting on Thursday, June 27, 2019, at 10:00 a.m. in Galjaden Fastigheter's premises on Linnégatan 18 in Stockholm.
Read moreLFC informs that Chairman of the Board, Ted Alvenius, is of a different opinion than the remaining Board of Directors regarding a transaction involving compensation for value increase in connection with the sale of all shares in the operating subsidiaries.
Read moreGaljaden Invest AB has increased its holding in Latvian Forest Company AB to 20.03%.
Read moreLatvian Forest Company has, in accordance with a resolution at the Extraordinary General Meeting on March 27, 2019, completed the sale of all shares in SIA Latvijas mezu kompanija and Baltic Forest IV SIA.
Read moreNils Robert Persson has increased his holding in Latvian Forest Company AB.
Read moreLatvian Forest Company AB (publ) held the Extraordinary Annual General Meeting on March 27, 2019. The meeting resolved on the sale of all shares in the operating subsidiaries SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA to SCA Mezs Latvija, SIA
Read moreThe shareholders of Latvian Forest Company AB (publ), Reg. No. 556789-0495 ("The Company") are hereby summoned to the Extraordinary General Meeting of shareholders to be held on Wednesday, March 27, 2019 at 10.00 in Galjaden Fastigheter premises on Linnégatan 18, Stockholm.
Read moreLATVIAN FOREST COMPANY SIGNS SHARE TRANSFER AGREEMENT WITH SCA MEZS LATVIA
Read moreLatvian Forest Company AB signs letter of intent with Svenska Cellulosa Aktiebolaget SCA with a view of selling the company’s operations by way of sale of all shares in the operating subsidiaries SIA Latvijas mezu kompanija and Baltic Forest IV, SIA. The total sale price is estimated to 26 000 000 Euro.
Read moreWe at Latvian Forest Company are proud supporters of orienteering in Latvia.
Read moreBronsstädet AB (556612-1124) has purchased 1.878.616 B-shares in Latvian Forest Company AB (publ). The ownership, after purchases, corresponds to 14.81 percent of capital and 14.01 percent of votes which makes Bronsstädet AB the largest shareholder in Latvian Forest Co.
Read moreFollowing the completion of its due diligence analyses, the Latvian Forest Company AB has decided to complete the previously announced acquisitions.
Read moreLatvian Forest Company AB (publ) (“Latvian Forest Company” or “the Company”) will receive approximately SEK 25 million before issue costs, which are estimated to amount to SEK 0.5 million, through the Company's recently completed rights issue of Class B shares. The issue was oversubscribed with a subscription ratio of 154 percent.
The subscription period in Latvian Forest Company's new issue of Class B shares with preferential rights for existing shareholders ended on January 28, 2022. In total, the issue was subscribed for at 154.2 percent, of which 93.7 percent was with the support of subscription rights and 60.4 percent was without the support of subscription rights.
In accordance with the principles set out in the prospectus, the Board has allotted all shares in the issue, a total of 3,333,047 Class B shares, of which 3,123,560 Class B shares were subscribed for with preferential rights and 209,487 Class B shares were without preferential rights.
Those who have been allotted shares subscribed for without preferential rights will be notified of this by sending a settlement note. Payment must be made no later than the day stated in the settlement note. If payment is not made on time, shares may be transferred to another subscriber. No notice is given to the person who has not received the award. Nominee-registered shareholders are notified of the allotment in accordance with the respective nominee's routines.
Trading in paid subscribed shares (“BTA”) is currently conducted on the Spotlight Stock Market and will continue until the issue is registered with the Swedish Companies Registration Office when BTA is converted into ordinary shares. Registration of the issue is expected to take place in February 2022.
When the rights issue has been registered with the Swedish Companies Registration Office the Company's share capital will amount to EUR 4,106,436 (rounded) and the total number of shares to 36,663,521,330,474, of which 36,583,521 will be Class B shares
The issuing institution in connection with the issue is AktieInvest FK AB. HWF Advokater AB is a legal advisor.
Latvian Forest Company AB (publ) is required to publish this information in accordance with the EU Market Abuse Regulation. The information was submitted through the care of the above contact person, for publication on February 1, 2022 at 10.00 CET.
For further information contact
Aleksandrs Tralmaks, VD
+37129203972
info@latvianforest.se
Or visit our website: www.latvianforest.se
About Latvian Forest Company
Latvian Forest Company AB (publ) is a Swedish listed company that acquires, sells and conducts forestry on reasonably-valued forest in Latvia. The three main foundations of the business are, in addition to the fact that forest is a sought-after real asset that grows on its own;
IMPORTANT INFORMATION
This press release is not an offer to sell or acquire securities in the Company and investors shall not subscribe for or acquire any securities other than on the basis of information in the growth prospectus regarding the Offer.
This press release is not provided, and may not be disseminated in or sent to, the United States, Australia, Canada, Japan or any other jurisdiction where such dissemination would be prohibited or require registration or other action. The securities described in this communication do not have and will not be registered in accordance with the then-current United States Securities Act of 1933 (the "Securities Act") and therefore may not be offered or sold in the United States without being registered or covered by an exemption from registration under the Securities Act and in accordance with applicable securities laws of US states. The Company does not intend to register any offer in the United States or to make any public offering of securities in the United States.
This communication may contain certain forward-looking statements. Such statements are all statements that do not relate to historical facts, and they contain expressions such as "consider", "appreciate", "expect", "wait", "assume", "anticipate", "intend", "can", "continue", "should" or similar. The forward-looking statements in this Communication are based on various estimates and assumptions, which in several cases are based on additional assumptions. Although the Company considers that these assumptions were reasonable when they were made, such forward-looking statements are subject to known and unknown risks, uncertainties and other significant factors that are difficult or impossible to predict and which are beyond the Company's control. Such risks, uncertainties and material factors may cause the actual results to differ materially from the results expressly or implicitly stated in this communication through the forward-looking statements. The information, perceptions and forward-looking statements in this notice are valid only as of the date of this notice and are subject to change without notice.
Interim report Jan-June 2020
Period January-December 2019
Minutes kept at the Annual General Meeting of Latvian Forest Company AB (publ), org. 556789-0495, at 10.00, Monday, December 16, 2019 in Stockholm.
Read moreParts of the acquisition have already been taken up and the remaining shall be taken later.
Read moreShareholders wishing to participate in the Meeting shall be included in the share register kept by Euroclear Sweden AB ("VPC) and report their participation no later than Wednesday December 11, 2019.
Read moreLFC informs that its past CEO and board member Fredrik Zetterström has called for arbitration against Latvian Forest Company AB regarding profit sharing corresponding to EUR 378,500.
Read moreAll shares in the subsidiaries have been sold, leading to a surplus of 10,803 TEUR
Today, Monday, July 1, 2019, is the record day to receive a dividend. According to a resolution of the Annual General Meeting dividend to the shareholders shall be paid EUR 0.54 per share or a total of EUR 11 075 973.
Read moreBook value of fixed assets amounts to 24,733.2 (21,924.3) TEUR
Notice of the Annual General Meeting of Latvian Forest Company AB (publ).
Shareholders of Latvian Forest Company AB (publ), org. No. 556789-0495, (the "Company") is hereby invited to the Annual General Meeting on Thursday, June 27, 2019, at 10:00 a.m. in Galjaden Fastigheter's premises on Linnégatan 18 in Stockholm.
Read moreLFC informs that Chairman of the Board, Ted Alvenius, is of a different opinion than the remaining Board of Directors regarding a transaction involving compensation for value increase in connection with the sale of all shares in the operating subsidiaries.
Read moreGaljaden Invest AB has increased its holding in Latvian Forest Company AB to 20.03%.
Read moreLatvian Forest Company has, in accordance with a resolution at the Extraordinary General Meeting on March 27, 2019, completed the sale of all shares in SIA Latvijas mezu kompanija and Baltic Forest IV SIA.
Read moreNils Robert Persson has increased his holding in Latvian Forest Company AB.
Read moreLatvian Forest Company AB (publ) held the Extraordinary Annual General Meeting on March 27, 2019. The meeting resolved on the sale of all shares in the operating subsidiaries SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA to SCA Mezs Latvija, SIA
Read moreThe shareholders of Latvian Forest Company AB (publ), Reg. No. 556789-0495 ("The Company") are hereby summoned to the Extraordinary General Meeting of shareholders to be held on Wednesday, March 27, 2019 at 10.00 in Galjaden Fastigheter premises on Linnégatan 18, Stockholm.
Read moreLATVIAN FOREST COMPANY SIGNS SHARE TRANSFER AGREEMENT WITH SCA MEZS LATVIA
Read moreLatvian Forest Company AB signs letter of intent with Svenska Cellulosa Aktiebolaget SCA with a view of selling the company’s operations by way of sale of all shares in the operating subsidiaries SIA Latvijas mezu kompanija and Baltic Forest IV, SIA. The total sale price is estimated to 26 000 000 Euro.
Read moreWe at Latvian Forest Company are proud supporters of orienteering in Latvia.
Read moreBronsstädet AB (556612-1124) has purchased 1.878.616 B-shares in Latvian Forest Company AB (publ). The ownership, after purchases, corresponds to 14.81 percent of capital and 14.01 percent of votes which makes Bronsstädet AB the largest shareholder in Latvian Forest Co.
Read moreFollowing the completion of its due diligence analyses, the Latvian Forest Company AB has decided to complete the previously announced acquisitions.
Read more