Other information disclosed according to the rules of the Exchange
On 14 August Latvenergo will ring the trading session opening bell at Nasdaq exchange in New York
Riga, 2017-08-11 12:40 CEST (GLOBE NEWSWIRE) --
Latvenergo AS is the first company in the Baltics, which has received Nasdaq Baltics exchange award for the Best Investor Relations among Bond Issuers. Along with the award early this year Latvenergo Group representatives were invited to ring the trading session opening bell at Nasdaq MarketSite studio in New York’s Times Square on 14 August. Such opportunity is proposed to the companies, whose operational achievements have particularly stood out. Live streaming of the ceremony will be available on Facebook, in Nasdaq and Latvenergo profiles, as well as on the website of Latvenergo AS, starting from 16:15 (Latvian time).
In the Opening Bell Ceremony at Nasdaq MarketSite studio in New York’s Times Square Latvenergo Group will be represented by Āris Žīgurs, Chief Executive Officer, and Guntars Baļčūns, Chief Financial Officer of Latvenergo AS. Also representatives of EBRD, SEB bank, Permanent mission of the Republic of Latvia to the United Nations, Latvian Investment and Development agency’s representative office in USA, Nasdaq Riga et al representatives are invited to honour the event with their presence.
Simultaneously for the first time and for a whole hour in the heart of New York, Times Square, a video representing Latvia and Latvenergo will be demonstrated on the screen of Nasdaq building. This is a particularly special event, when a story about Latvia will be demonstrated at one of the most popular places in the world. Therefore, Latvenergo has chosen to seize this opportunity to speak not only about values of the Group, but particularly highlight our country and the common value of our country and Latvenergo – responsibility towards environment.
Latvenergo AS received the Nasdaq Baltics exchange award for the Best Investor Relations among Bond Issuers within the framework of the annual Baltic Market Awards ceremony, where issuers of bonds were honoured and awarded for the first time.
Financing and Investor Relations Manager
Phone: +371 67 728 767
Latvenergo Group is the largest power supplier in the Baltics. It operates in electricity and thermal energy generation and trade, electricity distribution services, and the leasing of transmission system assets. Latvenergo Group holds approximately one-third of the Baltic electricity market, thus ensuring its leadership in the Baltic electricity trade. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody’s has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.
Latvenergo Group includes the parent company Latvenergo AS (electricity and thermal energy generation and trade) and its subsidiaries - Latvijas elektriskie tīkli AS (lease of transmission system assets), Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (electricity trade in Estonia), Elektrum Lietuva UAB (electricity trade in Lithuania), Enerģijas publiskais tirgotājs AS (administration of electricity mandatory procurement process) and Liepājas enerģija SIA (electricity and thermal energy generation and trade).