Announcement from the exchange
Observation status of AS “VALMIERAS STIKLA ŠĶIEDRA” supplemented with additional reason
Nasdaq Riga decided on May 5, 2020 to immediately apply an additional reason for applied observation status to AS “VALMIERAS STIKLA ŠĶIEDRA” (VSS1R, ISIN LV0000100485) considering that AS “VALMIERAS STIKLA ŠĶIEDRA” has failed to submit its audited annual report and consolidated audited report of 2019 by May 5, 2020. AS „VALMIERAS STIKLA ŠĶIEDRA” has published additional information about the delay.
Therefore the observation status to AS “VALMIERAS STIKLA ŠĶIEDRA” 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 as specified herein in due time and manner.
The observation status which was applied on June 18, 2019 is still in force.
The purpose of assigning observation status is to alert the market participants.
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.