Antradienis, 19 kovo, 2024
Estija

Nordic Fibreboard AS

Company Nordic Fibreboard AS (with previous name Skano Group AS) main activity is production and sale of building materials and furniture, retail trade of furniture and household furnishing. On 05.09.2019 company sold its subsidiary Skano Furniture Factory OÜ, thereby ending its production and wholesale of furniture. Nordic Fibreboard AS became the direct mother company of Skano Furniture OÜ after the sale of the Skano Furniture Factory OÜ.

It is a holding company with subsidiaries Nordic Fibreboard Ltd OÜ (with previous name Skano Fibreboard OÜ), Pärnu Riverside Development OÜ and Skano Furniture OÜ.

Herewith in turn Nordic Fibreboard Ltd OÜ owns a subsidiary Suomen Tuulileijona OY. Skano Furniture OÜ owns two retail furniture shop subsidiaries Skano SIA and Skano LT UAB, which both ended their operations in September 2019. Skano SIA were deregistered on 27.11.2019 while Skano LT UAB remains as a dormant company.

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Nordic Fibreboard Ltd OÜ OÜ produces and distributes softboard products for use in many different applications, the main categories being within construction (insulation, soundproofing, and interior finishing panels for walls and ceilings).

And industry (packaging, door cores, expansion joint filler, pin and notice boards, acoustic reduction, cake boards, firelighters). Suomen Tuulileijona OY is the marketing company of Nordic’s fibreboard products in Finland.

Nordic Fibreboard AS (trading code SKN1T, ISIN code EE31000922503) will close the list of shareholders for the decrease of the share capital on July 10 2020 at the end of the working day of the settlement system.

Proceeding from the above, the ex-date for the change of the rights related with the securities is 09 July 2020.

The nominal value of Nordic Fibreboard AS shares will be changed from 0,60 EUR to 0,06 EUR. The share capital of Nordic Fibreboard AS will be decreased by 2 429 492,94 euros, the new share capital after the decrease of the share capital.

And the change of the nominal value of the shares is 269 943,66 euros, divided into 4 499 061 shares with a nominal value of 0.06 EUR per share.

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