English Latvian
Published: 2016-04-05 09:13:46 CEST
Nasdaq Riga
Announcement from the exchange

Observation status applied to AS "Grobiņa"

Nasdaq Riga decided on April 5, 2016 to apply observation status to AS "Grobiņa" (GRZ1R, ISIN code: LV0000100527).

Observation status will be applied according to Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 2, which stipulates that the Issuer shall be placed on observation status if it has permanent insolvency problems.

According to AS “Grobiņa” announcement of April 5, 2016, company has decided to submit an application to court for the JSC “Grobiņa” Legal Protection Process.

The purpose of applying observation status is to alert the market participants.
 

Nasdaq Baltic
Issuer Services
+371 67 212 431

www.nasdaqbaltic.com/

Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. Nasdaq Tallinn AS, Nasdaq Riga, AS and AB Nasdaq Vilnius.