On 31 January, 2018, Arco Vara AS disclosed that as a result of share capital
increase, which was registered in the Commercial Register on 29 January, 2018,
shareholding of Firebird Republics Fund Ltd decreased to 3,96%. As Arco Vara AS
received information that shareholders Firebird Fund, L.P, Firebird Avrora
Fund, Ltd and Firebird Republics Fund, Ltd are under joint control, we hereby
disclose the following:
The combined holdings of Firebird Fund, L.P (new holding 1,67%), Firebird
Avrora Fund, Ltd (new holding 2,06%) and Firebird Republics Fund, Ltd (new
holding 3,96%) decreased from previous 10,65% to 7,69%.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
evelin.kanter@arcovara.ee© 2018 GlobeNewswire
