Yook OÜ, the parent company of YOOK Production AS — the first oat drink producer in the Baltic states — intends to carry out its first public bond offering this spring and has submitted an application for admission to trading of the bonds on the Nasdaq Tallinn First North Bond List. 
 
The detailed terms of the bond offering, being prepared in cooperation with Redgate Capital, including the volume, interest rate and subscription period, are planned to be announced at the end of April. The public offering, aimed at retail and professional investors in the Baltic states, is expected to be completed during May 2026.

Through the bond programme, Yook OÜ aims to raise capital to fund the further scaling of oat drink production and to reach sustainable profitability.

YOOK Production AS has grown its revenue several times over during its first two years of operations: in 2025, sales revenue reached €1.5 million, which is 2.5 times more than the previous year. Production volumes grew 2.7 times during the same period, reaching 1.76 million litres, and revenue for the first quarter of 2026 already exceeded the same period of the previous year by 2.5 times.

In 2025, exports accounted for 44% of YOOK’s revenue, amounting to nearly €660,000. The company sells its products across more than ten international markets, including Finland, Norway, Turkey, Greece, Cyprus, the United Arab Emirates, and — as of 2026 — India and Romania. In spring 2025, YOOK became the best-selling oat drink brand in Estonian retail chains, surpassing all international competitors.

The maximum production capacity of YOOK’s factory in Türi, Järva County, is 20 million litres per year in a single shift, giving the company significant room for growth without major additional production investments.

“In its first two years of operations, YOOK has demonstrated that it is possible to build an internationally competitive food producer in the Baltic states. The planned offering gives investors the opportunity to participate in the company’s next phase of growth, which aims to reach maximum factory capacity utilisation and positive EBITDA in the first half of 2027,” said Katre Kõvask, CEO of YOOK Production AS.

YOOK Production AS, which began operations in spring 2024, is the first and only oat drink producer in the Baltic states. A total of more than €16 million has been invested in the company to date. YOOK Production AS is owned by its parent company Yook OÜ, whose largest shareholder is the investment company OÜ HansaAssets, belonging to entrepreneur Armin Karu.

In addition to eight oat drinks sold under its own brand, the company has also offered oat yoghurts under the YOOKGURT brand since December 2025, and produces private label products for major Northern European retail chains, including Rema 1000 and Wihuri Metro Tukku, as well as for Carrefour and the File retail chain in Turkey.

The information contained in this announcement is intended for background purposes only and is in no way complete or final. No reliance may be placed on the information contained in this announcement or its accuracy or completeness for any purpose.  This announcement is an advertisement and does not constitute a prospectus within the meaning of the Securities Market Act or Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the “Prospectus Regulation”), nor does it constitute a notice of a public offering of securities. Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the information document to be published by Yook OÜ, in order to fully understand the potential associated risks and benefits. Yook OÜ will publish further information about the offering, including the information document, in accordance with applicable law, and will make such information available on Yook OÜ’s website at https://yook.eu/investor. The information document to be published by Yook OÜ and any other offering-related documents or information shall not be approved by any supervisory authority and do not constitute a prospectus within the meaning of the Securities Market Act or the Prospectus Regulation. This announcement does not constitute an offer or part of an offer, or a solicitation to purchase bonds, nor shall there be any sale of bonds in jurisdictions where such offer, solicitation or sale would be unlawful prior to registration, exemption from registration, or qualification under the securities laws of such jurisdiction. Any offer to acquire bonds will be made, and each investor should make their investment solely on the basis of the information contained in the information document and its annexes, which will be published in connection with such offering. If you do not understand the contents of this document, you should consult a licensed financial adviser.  This announcement does not constitute a recommendation in connection with the offering. The price and value of securities and any income derived from them may fall as well as rise. Past performance does not indicate future results. No reliance should be placed on the information contained in this announcement or any offering-related documents for the purpose of making judgements about future results. Before purchasing bonds, persons reviewing this announcement should satisfy themselves that they fully understand and accept the risks described in the information document, once published.  In European Economic Area member states other than Estonia, Latvia and Lithuania, this announcement is addressed and directed solely to professional investors in the respective country within the meaning of Article 2(e) of the Prospectus Regulation. 
This announcement does not constitute an offer or part of an offer, or a solicitation to purchase or subscribe for bonds in the United States or in other countries or in circumstances where such publication, distribution or transmission would be unlawful or to persons subject to financial sanctions imposed by competent authorities. The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States.