AS Agrova Baltics (the “Company”) announces that on 29 May 2026 it received approval from Latvijas Banka for the base prospectus of the Company’s secured bond programme with a total programme size of up to EUR 30 million. The base prospectus enables the Company to conduct public bond offerings during the 12-month period following its approval, in accordance with the terms set out in the base prospectus and applicable regulations.
The secured bond programme has been established to support the refinancing of existing liabilities and to finance the implementation of the Company’s development projects in Alūksne and Preiļi, Latvia. The programme provides the Company with an additional financing option as it continues to execute its long-term growth strategy.
At the same time, the Company continues to evaluate alternative financing solutions, including bank financing. Taking into account the progress of ongoing discussions and the terms of available financing options, the Company will determine the financing structure that best supports its long-term objectives and creates the greatest value for the Company and its shareholders.
The Company continues to implement its investment programme, and its financial position allows the initial phase of the programme to be financed from its own resources.