Nasdaq Welcomes Klaipėdos Nafta to Baltic Main List
Tallinn/Riga/Vilnius, Nasdaq Baltic Market, March 31, 2016 – Nasdaq (Nasdaq: NDAQ) announces that shares of Klaipėdos Nafta (short name KNF1L) will be listed on the Nasdaq Baltic Main List by Nasdaq Vilnius as of April 4, 2016. Klaipėdos Nafta is listed on the Baltic Secondary List until April 3.
“As a transparent and accountable company, which meets the strictest principles of good corporate governance, Klaipėdos Nafta listing on the Main List will attract more attention from both present and future investors thus boosting the liquidity in the company’s shares,” said Mantas Bartuška, CEO at Klaipėdos Nafta.
Klaipėdos Nafta was founded in 1994. The company’s core business is operation of oil products and liquefied natural gas terminals. More information: nasdaqbaltic.com and oil.lt
“We welcome Klaipėdos Nafta decision and are excited to have its shares on the Baltic Main List,” said Arminta Saladžienė, Head of Nasdaq Baltic. “Investors expect maximum transparency, the highest standards of corporate governance and consistently high level of investor relations from the Main List companies. The company that follows these principles proves it is trustworthy and thus creates all prerequisites to become the flagship of the market. We wish that to Klaipėdos nafta.”
The total number of shares listed by Klaipėdos nafta is 380 606 184, the authorized capital is 110 375 793.36 EUR. The Ministry of Energy of the Republic of Lithuania that represents the State owns 72.32% of the company’s shares.
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Audronė Ranonytė
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