Observation status of AS „Rīgas kuģu būvētava” supplemented with additional reason
Nasdaq Riga decided on June 1, 2018 to apply an additional reason for applied observation status to AS „Rīgas kuģu būvētava” (RKB1R, ISIN kods: LV0000100378) considering that AS „Rīgas kuģu būvētava” has failed to submit its financial information for 3 months of 2018 by June 1, 2018.
Therefore the observation status to AS „Rīgas kuģu būvētava” will be applied also in accordance with Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 5, which stipulates that the Issuer shall be placed on observation status if it fails to disclose the information to be disclosed on a regular basis in due time and manner.
The observation status which was applied on May 2, 2018 and was supplemented with additional reason on May 28, 2018 is still in force.
The purpose of applying observation status is to alert the market participants.
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