Key Developments: GROBINA AS (GRZ1R.RI)

GRZ1R.RI on Riga Stock Exchange

5.00LVL
27 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Grobina AS announces change in shareholding structure
Thursday, 2 Apr 2015 01:17am EDT 

Grobina AS:Says Aksana Jansone disposed of 206,366 shares and Robert Grzegorz Mielenczuk acquired 206,366 shares in the company.  Full Article

Grobina AS announces restructuring project with Citadele Banka
Wednesday, 18 Mar 2015 10:43am EDT 

Grobina AS:Announces restructuring project with Citadele Banka aimed at restoring long-term loans and repayment schedule.According to project terms Grobina is to repay Citadele Banka 800,000 euros ($848,560)consisting of accrued interest and part of principal amount of loan till March 31.It is to ensure reducing payable amount to Citadele Banka of 2.34 million euros till March 31.Says has entered into a preliminary agreement with KS FLYCap Investment Fund I AIF for additional long-term loan of 1 million euros.Citadele banka confirmed that fulfilling conditions in draft restructuring, it is ready to enter into agreement on loan repayment, thus withdrawing announced real estate auctions.  Full Article

Nasdaq Riga suspends trading Grobina AS
Tuesday, 17 Mar 2015 03:23am EDT 

Grobina AS:Says decided to suspend automatic order matching in Grobina AS GRZ1R.RI shares on March 17.Says automatic order matching will be suspended due to price sensitive information published on the web page of the Council of Latvian Sworn Bailiffs.  Full Article

Grobina AS announces updates regarding legal proceedings
Thursday, 12 Jun 2014 04:18am EDT 

Grobina AS:Announces that the company's management has received LR Higher Courts Court of civil jurisdiction decision made on May 7, which leaves unchanged Nov. 28,2013.Says that the Court of Kurzeme decision with whom was decided to recover a refund 1008.05 lats for the juridical services but was decided to decline the complain of Daina Kalniņa.Says by this, the legal proceeding in the civil case, instituted by the council of the company against the board members of the company, Peteris Laugalis and INVEX FONDI Ltd about the recovery of losses and the business transactions declared as void, has ended.  Full Article

Grobina AS appoints external auditors for FY 2014
Monday, 21 Apr 2014 08:00pm EDT 

Grobina AS:Announces the appointment of Ltd. “Audit Advice” (auditor in charge Marija Jansone, certificate No. 25) as the company's external auditors for the fiscal year 2014.  Full Article

Grobina AS Updates on Legal Proceedings
Tuesday, 24 Sep 2013 03:09am EDT 

Grobina AS announced that according to decision, dated September 12, 2013 made by LR Higher Courts Court of civil jurisdiction is to leave unchanged and in legal force June 4, 2013 Court of Kurzeme decision in the part about the legal proceeding termination in the civil case, instituted by the council of Grobina AS after the request of the minority shareholders Janis Meijubers, Anatolijs Gorbunovs and Agris Naglins demand against the Board members of Grobina AS, Peteris Laugalis and Ltd. INVEX FONDI about the recovery of losses and the business transactions declared as void. In the part where it was decided to refuse to refund the juridical services of certified advocate Larisa Sokolova, representative of Daina Kalnina, it is decided to reverse the decision and to give it to new review.  Full Article

Grobina AS Updates on Legal Proceedings
Wednesday, 3 Jul 2013 08:00pm EDT 

Grobina AS announced that with the decision of the regional Court of Kurzeme on July 4, 2013, by reviewing the demand stated by the council of JSC Grobina after the request of the minority shareholders Janis Meijubers,Anatolijs Gorbunovs and Agris Naglins demand against the Board members of JSC Grobina, Peteris Laugalis and Ltd. INVEX FONDI about the recovery of losses and the business transactions declared as void–it is again decided to terminate the proceeding. In addition, the Court of Liepaja the again re-appointed JSC Grobina demands proceeding against the JSC Grobina council members about the recovery of the losses did not occur after the request from the respondent and was postponed to November 5, 2013. Finally, based on the LR Higher Court Senate action sessions decision on June 25, 2013 it is decided to refuse to initiate a cassation proceeding after the appeal in cassation of Janis Meijubers dated with March 14, 2012 about the judgement of the regional Court of Kurzeme with whom was decided to decline the proceeding demanded by JSC Grobina shareholder and council member Janis Meijubers against JSC Grobina about the decision annulment of the shareholders meeting convened on April 23, 2010 on the part where censure to the chairman of the board is declared and about the demands prosecution against the board and the council of the Company. According to this the decision of the regional Court of Kurzeme made on February 14 has come in to legal force.  Full Article

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