Announcement from the exchange
Observation status applied to AS „Rīgas juvelierizstrādājumu rūpnīca”
Nasdaq Riga decided on September 3, 2020 to apply observation status to AS „Rīgas juvelierizstrādājumu rūpnīca” (RJR1R, ISIN LV0000100543).
Observation status is applied to AS “Rīgas juvelierizstrādājumu rūpnīca” according to Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 7, which stipulates that the Issuer shall be placed on observation status in the next six (6) months it is planned to perform activities in the result of which the financial instruments of the Issuer would be delisted.
AS “Rīgas juvelierizstrādājumu rūpnīca” on September 3. 2020 informed about convocation of company’s extraordinary general shareholders meeting to take place on October 6, 2020 with the question on the delisting of company's shares from the regulated market.
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.