"Groupe Auga" extended the distribution of new shares, they can be acquired by the EBRD

Given the fact that very little time has elapsed before the end of the public offer and the signing of the agreement, management has decided to expand the distribution of actions so that investors have enough time to become familiar with the changes.

"We have contacted many investors in Europe and beyond before making their offer and delivering a deal to investors over the period.It is obvious that many investors in Europe are currently on vacation there It is therefore not possible to share information about this event in a timely manner, and we believe that extension of time is the only reasonable step to give all investors the same opportunity to badess the significance of the information published. ", said Yushchenko in a statement

" Auga group ", the largest shareholder of Baltic Champs group. Yushchenko and the EBRD agreed on Thursday that the EBRD would follow some of the Bank's recommendations and requirements for environmental compliance, social compliance and governance by acquiring new shares in the company. In addition, while the EBRD will have more than 3% The shares of the company, the largest shareholder, will vote for the representative of the EBRD at its supervisory board

However, the EBRD does not. is not obliged to purchase Auga Group shares at the time of this offer, according to the company. shares that will be traded on the Nasdaq Vilnius and Warsaw Stock Exchanges.

According to the Auga Group, the goal is to attract capital for business development, to increase the liquidity of the company's shares and freely traded companies.

The new capital will be used for the acquisition of agricultural companies, the development of poultry and livestock farms, the production of biogas and the use of agricultural machinery.

Currently, 88.13% of the total shares will be invested in small and medium enterprises. The shares of the "Auga Group" are owned by K. Juščis, managed by Baltic Champs, which represents 5.83% more. – Multi Asset Selection Fund

The shares of the Auga Group appearing on the Supplementary List and on the Warsaw Stock Exchange.