8/12/2008 18:51 

 

Saku has just published the following announcement on their corporate website www.saku.ee

Saku Õlletehase AS (hereinafter Saku) has submitted an application for delisting the shares of Saku Õlletehase AS from the main list of Tallinn Stock Exchange, today, i.e. on August 12, 2008.

As of the date of the submission of the application, Saku Õlletehase AS has listed in total 8 000 000 ordinary shares with the nominal value of 10 EEK.  All Saku shares have been listed in the main list of the stock exchange. Saku shares have not been issued in any other stock exchange.

As of the date of submission of the application, Carlsberg Estonia Holding OÜ owns 7 391 651 shares, which is approximately 92.4% of all Saku shares.

On August 11, 2008, the Extraordinary General Meeting of Shareholders decided to pursuant to Securities Market Act approve the takeover of the rest of Saku shares owned by shareholders for the fair value of 194.06 EEK per one share by Carlsberg.

Within one month as of the referred general meeting, i.e. on September 12, 2008, the management of Saku will submit an application to the Estonian Central Register of Securities on the transfer of the rest of the shares from shareholders to Carlsberg. Estonian Central Register of Securities shall set the concrete date for the transfer of the rest of the shares from shareholders to Carlsberg. Presumably the transfer shall take place on the working day following the date of submission of application.

After the transfer of the rest of Saku shares to Carlsberg, Carlsberg will own 100% of Saku shares and the listing of Saku shares on the main list of the stock exchange is not grounded any longer.

Arising from the information stated above and according to the clause 13.1.1 of rules and regulations “Listing Requirements of Securities” of the stock exchange, Saku hereby requests the Listing and Surveillance Committee of Stock Exchange to decide to de-list Saku shares (i.e. 8 000 000 nominal shares) from the main list of Stock Exchange.

Contact details:

Priit Põiklik
Saku Õlletehase AS
Communication Manager
Phone: + 372 6 508 303

Read more about Saku here: www.saku.ee