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AB Novaturas has successfully completed a public share offering, raising EUR 7 million in capital

AB Novaturas, one of the leading travel operators in the Baltics, has successfully completed a public offering of shares to its current shareholders, raising EUR 7 million of capital. 

The newly issued shares have been admitted to trading on Nasdaq Vilnius and are expected to be also admitted to trading on the Warsaw Stock Exchange shortly. 

This milestone strengthens the company’s financial foundation and creates new opportunities for future growth and long-term value creation for customers and shareholders alike.

TEGOS advised Novaturas on the issue and offering of the new shares. The team included Vidmantas Drizga, Mantas Gofmanas, Elena Mickevičienė, and Paulius Žaliauskas.