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    PRF1T   EE3100101031

AS PRFOODS

(PRF1T)
  Report
Delayed Nasdaq Tallinn  -  05/23 08:22:51 am EDT
0.3600 EUR   +0.28%
05/18Changes in financial results publication
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04/11AS PRFoods' unaudited preliminary consolidated turnover of the 3rd quarter and 9 months of the 2021/2022 financial year
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04/11AS PRFoods' unaudited preliminary consolidated turnover of the 3rd quarter and 9 months of the 2021/2022 financial year
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Íverumans Fisk AB, a Swedish subsidiary of AS PRFoods, borrows money to kick-start a fish farming and to support its working capital

01/21/2022 | 02:09am EDT

Överumans Fisk AB, a subsidiary of AS PRFoods, entered into loan agreements with Amber Trust II S.C.A., SICAR and Lindermann, Birnbaum & Kasela OÜ to borrow up to EUR 1,000,000 (up to EUR 500,000 from each lender). The repayment term of both loans is 31.12.2022 and the interest is 6.25% per annum.

The money is borrowed to support the start-up phase of Swedish fish farming and to boost company's working capital at the same time. Fish will be farmed in Sweden's largest and most environmentally friendly farm, using predominantly hydroelectric power or other renewable energy sources. The CO2 footprint of the fish farm is also about 1/3 smaller than, for example, in RAS-type i.e. terrestrial farms.

The lenders are the shareholders of AS PRFoods and thus the related persons within the meaning of the “Requirements for Issuers” regulations of the Nasdaq Tallinn Stock Exchange.


Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
investor@prfoods.ee
www.prfoods.ee


© OMX, source GlobeNewswire - EU Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
AS PRFOODS 0.28% 0.36 Delayed Quote.-0.28%
ING GROEP N.V. 4.30% 9.815 Real-time Quote.-23.13%
All news about AS PRFOODS
05/18Changes in financial results publication
GL
04/11AS PRFoods' unaudited preliminary consolidated turnover of the 3rd quarter and 9 months..
GL
04/11AS PRFoods' unaudited preliminary consolidated turnover of the 3rd quarter and 9 months..
GL
04/11AS PRFoods Reports Unaudited Preliminary Consolidated Sales Results for the Fiscal Thir..
CI
03/08Completion of the Tansfer of the Shares of Heimon Kala Oy
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02/28AS PRFoods resolutions of the Shareholders
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02/25Decisions of the Meeting of Noteholders of AS PRFoods
GL
02/16AS PRFoods Reports Earnings Results for the Second Quarter and Six Months Ended Decembe..
CI
02/16Consolidated Unaudited Interim Report of AS PRFoods for the 2nd quarter and 6 months of..
GL
02/16Consolidated Unaudited Interim Report of AS PRFoods for the 2nd quarter and 6 months of..
GL
More news
Financials
Sales 2021 58,7 M 62,7 M 62,7 M
Net income 2021 -5,07 M -5,42 M -5,42 M
Net Debt 2021 22,4 M 23,9 M 23,9 M
P/E ratio 2021 -3,24x
Yield 2021 -
Capitalization 13,6 M 14,5 M 14,5 M
EV / Sales 2020 0,47x
EV / Sales 2021 0,65x
Nbr of Employees 280
Free-Float 86,0%
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Managers and Directors
Indrek Kasela Chairman-Management Board
Lauri Kustaa ─imń Chairman-Supervisory Board
Aavo Kokk Member-Supervisory Board
Vesa Jaakko Karo Member-Supervisory Board
Harvey Micahel Sawikin Member-Supervisory Board
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