HansaMatrix informs that SIA “Emsco”, registration number: 40203437904, legal address: Jaunmoku iela 34, Rīga, LV-1046, which is a group company of the private equity fund manager BaltCap, plans to issue voluntary share buyback offer to HansaMatrix shareholders in accordance with the procedures specified in the Share Buyback Law of the Republic of Latvia.

SIA “Emsco” has submitted a merger notice to the Competition Council, which has recognized the submitted report as complete (more information in Latvian: http://bit.ly/3UYvir4). After receiving a positive decision of the Competition Council, SIA “Emsco” will apply to the Financial and Capital Market Commission to receive permission to make a voluntary share buyback offer.

The voluntary share buyback offer will be made to all HansaMatrix shareholders in accordance with the relevant regulations and after receiving all necessary approvals.

BaltCap is the largest and most experienced private equity investor in the Baltic states. BaltCap invests in strong company management teams and companies that have a clear vision for growth not only in the Baltic States, but also internationally.