Registration of the share capital increase in the Commercial Register

22.07.2015 Market Announcements

Pursuant to decision (No 4.12 and 4.13) of the annual general meeting of the shareholders of AS Harju Elekter held on 14 May 2015, the subscription deadline of 600,000 share options under the share option programme, which was directed to the members of the directing bodies, leading specialists and engineers of companies within the same group with AS Harju Elekter and the members of the management board of affiliated companies of AS Harju Elekter, was 16–30 June 2015.

In so far as 339,880 shares have been subscribed by the end of the subscription period of 30 June 2015. In connection with performing the option contracts, the share capital of AS Harju Elekter increased by EUR 237,916 for which purpose 339,880 new ordinary shares, with a nominal value of EUR 0.70, was issued. The share capital increase was registered in the Commercial Register on 22 July 2015.


Andres Allikmäe

Managing Director/CEO

+372 674 7400


Prepared by:

Moonika Vetevool

Corporate communication and investor relations manager

+372 671 2761