"Puto" plans to list the company's shares on the stock exchange and has concluded agreements with the Central Finance and Contracts Agency (CFLA) on attracting European Union (EU) co-financing for this purpose, CFLA representatives said. "Puto" will receive funding from EU funds in the amount of 97,500 euros. The private financing is 97,500 euros, the total eligible costs of the project are 195,000 euros, which is also the total cost of the project, since there are no ineligible costs.
The aim of the project is to include "Puto" shares for trading in "Nasdaq" "First North" Alternative market, by issuing new shares worth at least 500,000 euros. The project has one action or activity, which includes increasing the share capital, organizing the issue and starting the quotation on the stock exchange. The duration of the project is 16 months, that is, from September 2022 to December 2023. AS "Puto" was registered in May 2022, the share capital of the company is 4,488,284 euros.
The published list of shareholders shows that 46.78% of "Puto" shares belong to the limited partnership "Expansion Capital Fund AIF", while 41.75% - "CW investments" from Lithuania. The aforementioned Lithuanian company also owns SIA "RV-Brīvība", which was registered almost 20 years ago and works in the field of real estate, which can also be found in the list of shareholders of "Puto". The true beneficiary of "Puto" is Údo Oga, who controls the newly registered company both through "RV-Brīvība" and through "CW investments".*
https://www.delfi.lv/bizness/bankas_un_finanses/puto-un-proflv-plano-ko…
