OREANDA-NEWS. July 27, 2012. MICEX has notified Baltika Brewery that its application for delisting of shares from the stock exchange has been approved. The last day of trading of Baltika shares on the MICEX will according to decision be October 4, 2012. Until this date the owners of the shares can sell their securities directly in the stock market, after this date further transactions with the shares may be carried out only in the off-board market.

The decision to cease trading of Baltika Brewery shares on stock exchanges was taken by the board of directors of Baltika Brewery on March 30, 2012.

Within the period set by the stock exchange from the moment of the decision on the delisting and the date of cessation of trading the owners of the company’s shares can realize their securities directly at the stock exchange. Currently shareholders of the Company have the opportunity to sell shares according to a voluntary offer of Baltic Beverages Holding Aktiebolag, a subsidiary of Carlsberg. The proposed purchase price for the securities is 1550 rubles per share. Shareholders who wish to take advantage of this offer, should apply to one of 11 addresses of acceptance of applications for drawing up the required documents no later than August 9, 2012.

Terms of the offer are a result of the intention of Carlsberg Group to achieve 95% share in the equity of Baltika. After that Carlsberg, according to Russian law, is going to declare a compulsory acquisition of shares. If Carlsberg does not achieve 95% ownership, Carlsberg Group may withdraw the offer and shareholders will miss the opportunity to sell at these attractive conditions.

All information about the voluntary offer, including forms of documents and addresses, is available at http://www.corporate.baltika.ru/, and on the website of Registrar -http://www.nrcreg.ru/work/1265.

Baltika Breweries OJSC is one of the major producers of consumer goods in Russia, the leader of the Russian beer market since 1996. Baltika is part of Carlsberg Group. Baltika brand ranks the first in terms of sales in Europe (Euromonitor). The company owns plants in 10 cities of Russia, 1 plant in Azerbaijan, a wide portfolio of brands. Baltika Breweries is a leading exporter of Russian beer: Baltika’s products are available in more than 75 countries of the world. The company’s share accounts for 70% of all export deliveries of Russian beer.