AUGA group, AB Announces a Proposed Restructuring Plan and supplements it to the draft resolution on item 3 on the agenda of the Extraordinary General Meeting of Shareholders of AUGA Group, AB to be held on 4 December 2024 As on 11 November 2024, AUGA group, AB (hereinafter - the Company), by the decision of the Board, initiates the restructuring process of the Company and convenes an extraordinary general meeting of shareholders, which will be held on 4 December 2024, 10:00 a.m. (hereinafter - the Meeting). In connection with this, the Company publishing a proposed restructuring plan of t...
AUGA group, AB skelbia restruktūrizacijos plano projektą bei juo papildo 2024 m. gruodžio mėn. 4 d. vyksiančio AUGA group, AB neeilinio visuotinio akcininkų susirinkimo darbotvarkės 3 klausimo sprendimo projektą Kaip buvo 2024.11.11 d. AUGA group, AB (toliau – Bendrovė), valdybos sprendimu inicijuoja Bendrovės restruktūrizacijos procesą ir šaukia neeilinį visuotinį akcininkų susirinkimą, kuris įvyks 2024 m. gruodžio 4 d. 10.00 val. (toliau – Susirinkimas). Atsižvelgiant į tai, Bendrovė skelbia su Susirinkimo darbotvarkės 3 klausimu „Pritarimas Bendrovės restruktūrizavimo plano projektui“ ...
Additional information on the meeting of bondholders convened by UAB AUDIFINA AUGA group, AB, code 126264360, address of the registered office Konstitucijos ave. 21C, Vilnius, Republic of Lithuania (hereinafter, the Company), received the additional information from UAB “AUDIFINA”, which is the trustee (hereinafter, the Trustee) of holders of bonds, ISIN LT0000404238 (hereinafter, the Bonds), on the Bondholders’ meeting which being convened on 28 November 2024: The date of the Meeting - 28th November 2024. The venue of the Meeting – Hotel Best Western, Konstitucijos ave. 14, Vilnius. ...
Papildoma informacija dėl UAB „AUDIFINA“ šaukiamo obligacijų savininkų susirinkimo AUGA group, AB, kodas 126264360, buveinė registruota adresu Konstitucijos pr. 21C, Vilnius, Lietuvos Respublika (toliau – Bendrovė), gavo papildomą informaciją iš UAB „AUDIFINA“, kuri yra obligacijų, ISIN LT0000404238 (toliau – Obligacijos), savininkų patikėtinis (toliau – Patikėtinis) dėl 2024 m. lapkričio 28 d. šaukiamo Obligacijų savininkų susirinkimo. Susirinkimo data – 2024 m. lapkričio 28 d. Susirinkimo vieta – viešbutis Best Western, Konstitucijos pr. 14, Vilnius, Lietuva. Obligacijų savininkų...
HEADLINES: • Romanian oil & gas: just have a little patience (OMV Petrom stays BUY, Romgaz downgraded to HOLD – transfer of coverage) • Akcansa: recovery on the horizon (stays BUY) • EME Macro/Strategy: dividends in EMEA – if growth is in doubt, opt for payout • Huuuge Games: 3Q24 broadly in line with our expectations, slightly above the consensus NEUTRAL • Colt CZ Group SE: 3Q24 results – slow quarter; FY24E guidance confirmed NEUTRAL • Türkiye macro: CBT signals a dovish turn • Cyfrowy Polsat:...
A director at Cognor Holding S.A. bought 484,931 shares at 4.930PLN and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
HEADLINES: • PZU: 3Q24 not as weak as feared – once the special claims end, should deliver a very strong profitability profile POSITIVE • Cyfrowy Polsat: 3Q24 results review – adjusted EBITDA up 13% yoy, 2% above our estimate POSITIVE • Grupa Pracuj: 3Q24 results – adjusted EBITDA up 8% yoy, 3% above our forecast and 6% above the consensus POSITIVE • OPAP: 3Q24 earnings beat expectations, as EBITDA jumps 24% yoy POSITIVE • Motor Oil Hellas: 3Q24 results – CCS EBITDA in line NEUTRAL • Elbit Syste...
Comment by the Management of AUGA group, AB on the Initiation of Restructuring AUGA group, the producer of more sustainable organic food and developer of agricultural technology, by decision of its Board is convening a general shareholders' meeting to initiate restructuring of the parent company AUGA group, AB (hereinafter – the Company). The goal is to ensure continuity of operations, the long-term solvency of the group of companies and fulfilment of commitments to creditors. To achieve this goal, AUGA group and its subsidiaries (hereinafter – the Group) is postponing its technology develo...
Notice on Convocation of the extraordinary General Meeting of Shareholders of AUGA group, AB on 4th December 2024 At the initiative and by the decision of the Board of AUGA group, AB (code 126264360, address Konstitucijos ave. 21C, Vilnius, Company) the extraordinary general meeting of shareholders of the Company is being convened on 4th December 2024, at 10.00 a.m. The meeting will be held in the registered office of the Company, address Konstitucijos ave. 21C, Quadrum North 12 floor, LT-08130 Vilnius, Lithuania. The registration of the shareholders begins at 9:30 a.m. The record date o...
HEADLINES: • OTP Bank: solid 3Q24 results, in line with our forecasts; future share price performance depends on growth guidance and/or capital distribution NEUTRAL • CCC: historically-best quarterly EBITDA 9% above our expectations, due to opex control POSITIVE • Dino Polska: 4-8% EBITDA beats in 3Q24, EBITDA back on the rise POSITIVE • InPost: 3Q24 in line with expectations; FY24E guidance upgrade POSITIVE • MOL: 3Q24 results – EBITDA in line with our and the consensus estimates NEUTRAL • Wizz...
Regarding the meeting of bondholders convened by UAB AUDIFINA AUGA group, AB, code 126264360, address of the registered office Konstitucijos ave. 21C, Vilnius, Republic of Lithuania (hereinafter, the Company), received the information from UAB “AUDIFINA”, which is the trustee (hereinafter, the Trustee) of holders of bonds, ISIN LT0000404238 (hereinafter, the Bonds), that at the initiative of the Trustee, the Company and of the bondholder, holding not less than 1/10 of Bonds, carrying voting rights at the bondholders’ meeting, and by the decision of the Trustee, the Bondholders’ meeting is ...
HEADLINES: • Magyar Telekom: another record strong year ahead (stays BUY) • Shoper: 3Q24 adjusted EBITDA up 28% yoy, broadly as expected NEUTRAL • Turkish Airlines: 3Q24 – EBIT and EBITDA in line with our estimates, 4-5% above the consensus POSITIVE • Coca-Cola Icecek: weak results in 3Q24, revenue growth guidance lowered NEGATIVE • Tofas: highly weak set of results in 3Q24 NEGATIVE • Air Astana Group: 3Q24 in line with our estimates NEUTRAL • Isbank: 3Q24 highlights – core bank still loss makin...
Information on the Financial Covenants for Green Bonds Under the base prospectus for bonds approved by the Bank of Lithuania on 25 November 2019 (hereinafter – the Prospectus), AUGA group, AB (hereinafter – the Company) issued bonds with a total nominal value of EUR 20,000,000. Among other provisions, the Prospectus stipulates financial covenants including: i) an interest coverage ratio of no less than 2, and ii) a consolidated-equity-to-asset ratio of no less than 30% (hereinafter – the Financial Covenants). These Financial Covenants are calculated each year on the basis of the audit...
Informacija dėl žaliųjų obligacijų finansinių kovenantų Pagal 2019 m. lapkričio 25 d. Lietuvos banko patvirtintą obligacijų bazinį prospektą (toliau – Prospektas) AUGA group, AB (toliau – Bendrovė) išleido 20 000 000 EUR bendros nominalios vertės obligacijų emisiją. Be kitų sąlygų, Prospekte yra numatyti finansiniai kovenantai, tarp kurių yra: i) palūkanų padengimo koeficientas, kurio dydis turi būti ne mažiau nei 2, ii) konsoliduotas nuosavo kapitalo ir turto santykis, kurio dydis turi būti ne mažiau nei 30% (toliau – Finansiniai kovenantai). Šie Finansiniai kovenantai yra skaičiuoj...
Regarding the Redemption of Private Bonds of ŽŪK "AgroBokštai", an indirectly-controlled Company by AUGA group, AB On 27th March 2023, AUGA group, AB’s indirectly controlled company ŽŪK "AgroBokštai" (hereinafter - the Company) issued private bonds (hereinafter - the Bonds) with a total nominal value of EUR 6,000,000. The Company undertook to redeem the Bonds from investors and to pay any accrued but unpaid interest by 27th October 2024. Given that the redemption date coincided with a weekend, the date for the redemption of the Bonds came due on 28th October 2024. The Company seeks to ful...
HEADLINES: • Kaspi.kz: agrees to acquire Türkiye's Hepsiburada NEUTRAL • Kaspi.kz: 3Q24 highlights - on track to meet guidance NEUTRAL • Al Arabia: MBC Group sells 4.9% of shares of Al Arabia NEGATIVE • Solutions by STC: establishment of JV with Jedco completed NEUTRAL • OTE: ANAF imposes EUR 33.5m in additional tax charges related to alleged VAT and CIT miscalculations NEGATIVE • Greece macro/banks: BOG increases the countercyclical capital buffer rate to 0.25%, with effect from October 2025E N...
HEADLINES: • Graphisoft Park: still great value (stays BUY) • OMV: 3Q24 trading statement NEUTRAL • OMV Petrom: 3Q24 trading statement NEUTRAL • Wirtualna Polska: real users in September 2024 NEGATIVE • Polish telecoms: mobile number portability in 3Q24 NEUTRAL • EME macro/strategy: macro all-in-one (30 September-6 October)
HEADLINES: • Wizz Air: summer traffic in line, but consensus seems too bullish on earnings • Benefit Systems: net additions of 20k sport cards in 3Q24 POSITIVE • PCF Group: earnings call takeaways - Echo to be smaller than the other WFH projects NEUTRAL • Polish consumer staples: Netto plans to open 350 discount stores in Poland by 2028E NEGATIVE • 11 bit studios: delays the release of The Alters to 1Q25E NEGATIVE • Huuuge Games: September bookings estimate up 10% mom, but flat for the flagship ...
EME Equity Market - September 2024 EME indices mostly in the red in September; rebound in Greece. The MSCI EM Europe Index declined 2.0% in EUR terms and 1.1% in USD terms in September. The Greek ASE Index was the best performer in our region, advancing 1.4% mom in EUR terms. Muted performances were seen in Czechia and Hungary (+0.3% and +0.2% mom, respectively in EUR terms), with declines in Poland, Romania and Turkey (-3.6%, -2.9% and -1.5% mom, respectively in EUR terms).
HEADLINES: • BIM: weak results in 2Q24 NEGATIVE • GEK Terna: 1H24 EBITDA climbs 7%, to EUR 269m, as broadly expected NEUTRAL • Jumbo: 1H24 results in line, EGM approves share buyback plan NEUTRAL • LPP: key takeaways from the 2Q24 results call POSITIVE • Bank Pekao: appoints Marcin Zygmanowicz and dismisses Magdalena Zmitrowicz from the management board NEUTRAL • Cyfrowy Polsat: Solorz announces plans to dismiss his children from the company NEUTRAL • Mo-BRUK: signs new PLN 12.2m contract for “e...
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