Disclaimer: the information set out below has been provided by the company identified herein and is published solely for informational purposes. Nasdaq Baltic does not take responsibility for the accuracy, completeness, or timeliness of the content and assumes no responsibility or liability for any loss or damage arising from its use.
Yook OÜ (registry code 16224546, Tartu mnt 13, 10145 Tallinn, Estonia, hereinafter referred to as “Yook” or the “Issuer”) hereby announces a public offering of its secured bonds (the “Offering”). The Offering constitutes the first tranche in the Yook OÜ EUR 6,000,000 bond issue Programme, under which up to 6,000 bonds may be issued with total nominal value of EUR 6,000,000. The Offering is conducted on the basis of an information document prepared by Yook, which is available on Yook’s website: https://yook.eu/investor. The bonds are publicly offered in Estonia, Latvia, and Lithuania. Neither the information document nor this notice has been approved by any supervisory authority, and they do not constitute a prospectus.
During the Offering, Yook intends to raise up to EUR 3 million, with the option to increase the volume of the Offering up to EUR 6 million.
Yook’s management board member Mark Eikner:
With its first public bond offering, Yook wishes to give retail and professional investors in the Baltic states the opportunity to participate in the next development phase of one of Estonia's fastest-growing food exporters. Our subsidiary, YOOK Production AS, the only oat drink producer in the Baltic states, has managed to grow its revenue and production volumes in its first two years of operation and has become the best-selling oat drink brand in Estonian retail chains. Yook already exports its products to more than ten international markets, from the Nordic countries to the Middle East, including to Starbucks franchise cafés in the Turkish capital Ankara. The production capacity of our factory located in Türi reaches 20 million litres per year in one shift, which provides the opportunity to significantly increase current production volumes without substantial additional production investments. The raised capital will help us scale operations in a controlled manner. We aim to reach positive EBITDA from ongoing operations in the first half of 2027. The offered bonds will be secured by a pledge over the shares of the production company YOOK Production AS.
Main terms of the Offering
During the Offering, Yook offers publicly up to 3,000 secured bonds “EUR 11.00 YOOK bond 26-2029” with a nominal value of EUR 1,000 per bond and a maturity date of 14 May 2029 with the possibility to increase the number of the bonds offered up to a total 6,000 secured bonds. Yook will pay interest on the bonds quarterly at a fixed rate of 11.00% per annum. The bonds are offered at a price of EUR 1,000 per bond. The bonds will be registered in the Estonian Register of Securities maintained by the Estonian branch of Nasdaq CSD SE (Nasdaq CSD) under ISIN code EE0000004026.
The subscription period for the bonds starts on 28 April 2026 at 10:00 and ends on 11 May 2026 at 15:30. The Offering is directed at retail and professional investors in Estonia, Latvia, and Lithuania. The bonds are publicly offered in Estonia, Latvia, and Lithuania. In addition, Yook may offer the bonds on a non-public basis in all member states of the European Economic Area in reliance on the exemptions provided for in Article 1(4) of Regulation (EU) 2017/1129.
The bonds constitute secured debt obligations of Yook towards the investors. The bonds are secured by a share pledge over 100% of the existing shares held by the Issuer in YOOK Production AS. The pledge includes also any shares that may be issued to the Issuer in future, however, for the sake of clarity, excluding any shares as may be issued in future in the amount of up to 10% of the registered share capital in relation to realisation of any option agreements concluded by YOOK Production AS. The collateral shall be established for the benefit of TRINITI Collateral Agent XVII OÜ (to be established after the Offer Period), a collateral agent who shall hold the collateral to the benefit and interests of the bondholders. More detailed information about the Offering is set out in the information document, the bond terms, and the final terms, which are available on Yook’s website: https://yook.eu/investor.
Timeline of the Offering:
| Offer Period starts | 28 April 2026 at 10:00 |
| Offer Period ends | 11 May 2026 at 15:30* |
| Allocation decision and notification; submission of the application for registration | 12 May 2026 |
| Settlement date | 14 May 2026 |
* account operators’ closing times for accepting subscription orders may vary
Submitting subscription orders
In order to subscribe for the bonds, a subscription order (the “Subscription Order”) must be submitted during the period specified in the information document and the final terms (hereinafter the “Offer Period”). Each investor submitting a Subscription Order (the “Subscriber”) may subscribe for the bonds only at the issue price specified in the final terms.
Estonia: In order to subscribe for the bonds, an investor must have a securities account in the settlement system of the Estonian branch of Nasdaq CSD SE, opened with an account operator of Nasdaq CSD. The list of Nasdaq CSD account operators is available at: https://nasdaqcsd.com/estonia/en/list-of-participants/. The Subscription Order must be submitted to the account operator managing the investor’s securities account.
Latvia, Lithuania: In order to subscribe for the bonds, an investor must contact a member of the Nasdaq Baltic stock exchange who manages their securities account and submit the Subscription Order through such member. The list of Nasdaq Baltic members is available at: https://nasdaqbaltic.com/statistics/en/members.
The Subscriber is responsible for ensuring that the Subscription Order is correct and complete. The Issuer has the right to reject any Subscription Order that is inaccurate, incomplete, or not submitted properly during the Offer Period in accordance with the final terms.
Admission to trading of Yook’s bonds
Yook has submitted an application to Nasdaq Tallinn AS for the admission to trading of all the issued bonds in the First North Bond List. While every effort will be made and due care will be taken in order to ensure the admission to trading of the bonds, Yook cannot ensure that the bonds will be admitted to trading.
Availability of the Offering’s documentation
The information document together with the bond terms, the final terms and other related documents has been published and is available in electronic form on Yook’s website: https://yook.eu/investor.
Before investing in the bonds of Yook, please review the information document, the bond terms and the final terms in full and, if necessary, consult with an expert.
Mark Eikner
Board member
Tel: +372 509 1051
E-mail: mark@yook.ee
Important information
This notice is an advertisement for securities within the meaning of Regulation (EU) 2017/1129 of 14 June 2017 of the European Parliament and of the Council and does not constitute an offer to sell Yook’s securities, an investment recommendation, or an invitation to subscribe for the bonds.
The bonds are publicly offered solely on the basis of the information document and the Offering is directed only at persons to whom the information document is addressed. Neither the information document nor any other information published or to be published in connection with the Offering has been approved by any supervisory authority. The information document, this notice or any other document published in connection with the Offering is not a prospectus. Before making an investment decision, investors are advised to review the information document of Yook together with its annexes, the bond terms and the final terms, which are available here https://yook.eu/investor, and, if necessary, consult with an expert. Each investor should make any investment decision to invest in the bonds of Yook solely on the basis of the information contained in the information document of Yook.
The information contained in this notice is not intended to be published, distributed or transmitted, in whole or in part, directly or indirectly, in any country or under any circumstances where such publication, distribution or transmission would be unlawful or to any persons subject to financial sanctions imposed by competent authorities. The bonds of Yook are publicly offered only in Estonia, Latvia and Lithuania, and no sale or offer of the bonds shall be made in any jurisdiction where such offer, invitation or sale would be unlawful without an applicable exemption or qualification under the law or to persons subject to financial sanctions imposed by competent authorities.