Nasdaq Tallinn
Press release
Nasdaq Welcomes AUGA group to the Baltic Main List
Tallinn, Estonia, 2018-08-27 09:00 CEST (GLOBE NEWSWIRE) --
Vilnius/Riga/Tallinn, Nasdaq Baltic Market, August 27, 2018 – Nasdaq (Nasdaq:
NDAQ) announces that the shares of AUGA group (short name: AUG1L) will be
upgraded by Nasdaq Vilnius to the Nasdaq Baltic Main List on August 27, 2018.
Listing on the Main list follows the company’s oversubscribed share offering to
retail and institutional investors of the Baltic Sea region. AUGA group has
attracted 36 million EUR. It is the largest secondary public offering that has
ever been completed in Lithuania. After share offering company's authorized
capital rose from 54 350 713,08 EUR to 65 950 713,08 EUR.
“We welcome AUGA group to the Nasdaq Baltic Main List and are delighted that
company has managed to complete one of the biggest secondary share offering in
the history of the Baltic capital markets. We hope this example will serve as
inspiration for other companies to tap Baltic capital markets,” says Saulius
Malinauskas, President of Nasdaq Vilnius. “We believe that being on the Main
List will make the company more visible and bring additional liquidity to
investors”.
AUGA group’s shares were also added to the Baltic Benchmark index effective
July 2, 2018. That index includes those shares that are most liquid and have
the largest free-float market capitalization.
“We are pleased that investors trust AUGA’s management approach, planned
projects and business model focused on the production of organic food in the
most sustainable way. We will continue to focus on implementing that business
model, where creating value for shareholders goes hand in hand with care for
the environment, employees and society at large. We hope the fact that AUGA
group’s shares are now on the exchange’s Main List will attract a larger circle
of investors over time,” says Kęstutis Juščius, Chairman of the Management
Board at AUGA group.
About AUGA group:
AUGA group AB, based in Lithuania, is one of the largest vertically-integrated
organic food companies in Europe. It manages organically certified arable land
using a sustainable farming model based on new technologies. The group
specializes in crops, dairy cows, chicken and mushroom growing. On its own and
through contract manufacturing, AUGA produces a wide range of organic food
products for end consumers and buyers of organic commodities. The group has a
total of more than 1,200 employees.
About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing,
exchange technology, listing, information and public company services. Through
its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today’s global capital
markets. As the creator of the world’s first electronic stock market, its
technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of
the world’s securities transactions. Nasdaq is home to approximately 4,000
total listings with a market value of approximately $14 trillion. To learn
more, visit: business.nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga
and Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more:
nasdaqbaltic.com.
MEDIA RELATIONS CONTACT:
Daiva Taučkėlaitė
+370 620 55 127
daiva.tauckelaite@nasdaq.com
Nasdaq Baltic is a common name for exchanges, regulated markets, alternative
markets First North operated by Nasdaq companies in the Baltic states, i.e.
Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.