Published: 2016-07-07 10:00:00 CEST
Nasdaq Riga
Announcement from the exchange

Listing of AS “HansaMatrix” shares on Baltic Main list

Nasdaq Riga decided on July 7, 2016 to list AS “HansaMatrix” shares on Baltic Main list as of July 12, 2016. 

Additional information:

Issuer's full name AS “HansaMatrix”
Issuer's short name HMX
Securities ISIN code LV0000101590
Nominal value of one security 1 EUR
Number of listed securities 1 829 381
Orderbook short name HMX1R
List Baltic Main list

The company and its securities comply will all requirements of Nasdaq Riga Rules On Listing and Trading of Financial Instruments on the Markets Regulated by the Exchange (hereinafter – Rules) except clause 5.4.2. which states that not later than the day on which the trading with shares starts, a sufficient free float is to be ensured, i.e., at least 25% of the shares of the category which the Issuer wants to list at the Exchange are in free float or the capitalisation of the shares on free float exceeds 10,000,000 EUR. 

Based on AS “HansaMatrix” shareholders’ list and free-float calculations made according to Procedure for calculation of quantity of shares in free public circulation, AS “HansaMatrix” does not reach the minimum free-float required by the Rules.

According to the Article 5.4.7. of the Rules, the Exchange Management Board shall have a right taking into account the situation in the financial markets and other circumstances to set an exception to the requirements specified under Article 5.4.2.

Considering the above and the Letter of Intent received from AS “HansaMatrix”, as well as Market making agreement concluded by the company, Nasdaq Riga has decided to grant an exemption from Article 5.4.2. of the Rules and to list company’ shares on Baltic Main list as of July 12, 2016 , at the same time notifying the company  if within 12 months the free-float of company’s shares will not reach the  level prescribed in the Article 5.4.2. of the  Rules, the Exchange has the right to  decide on moving shares to Secondary list. 

AS “HansaMatrix” prospectus is available in the attachment.


Nasdaq Baltic
Issuer Services
+371 67212431

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. 

AS HansaMatrix_Prospekts_29.06.2016_apstiprinats_FKTK_06.07.2016.pdf