The results of the mandatory  JSC  „ Rīgas autoelektroaparātu rūpnīca” share repurchase offer  – Ltd „ BH Autoaparāts” report

On September 6, 2021  JSC „Rīgas autoelektroaparātu rūpnīca” received from the                  Ltd. „BH Autoaparāts”  report  on  the  results of the mandatory  JSC  „ Rīgas autoelektroaparātu rūpnīca”share repurchase offer:

Target company

JSC „Rīgas autoelektroaparātu rūpnīca”, registered in the Commercial Register of the Republic of Latvia on June 30, 2004  with  registration  number: 40003030454,  legal address: Riga, Klijanu street 18, LV-1013, phone number 67371459, e-mail: rimowood2@inbox.lv .

Offeror

Target company shareholders meeting 28.06.2021. decided to exclude shares from the regulated market. Ltd.”Tehprojekts”, Ltd.”BH Autoaparats”, JSC „Baltijas Holdings” voted to exclude the shares from the regulated market.

Ltd. „BH Autoaparats” , registered in the Commercial Register of the Republic of Latvia on July 15, 2004 with registration number: 40003396389, legal address: Riga, Klijanu street 18, LV-1013,  on behalf of all shareholders who voted to exclude shares from the regulated market make a mandatory share repurchase offer in accordance with Section 66, Paragraph four, Clause 2 of the Financial Instruments Market Law.

Nmber of shares offered for sale

As part of the mandatory share repurchase offer, 130 053 shares of the Target Company were offered for repurchase.

The number of shares that will be at the disposal of the Offeror after the execution of the share repurchase offer

After the execution of the nandatory share repurchase offer, the Offeror will have at its disposal 130694  shares of the Target Company, wich makes up 3,67% of the share capital and number of voting shares of the Target Company.

The Board  JSC „Rīgas autoelektroaparātu rūpnīca”, Gunars Lubis                                     gunars@tkl.lv , 29234881.