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NASDAQ OMX Riga Applies Observation Status to Rigas Elektromasinbuves Rupnica AS


Monday, 18 Feb 2013 09:23am EST 

Rigas Elektromasinbuves Rupnica AS announced that NASDAQ OMX Riga has decided to immediately apply observation status to Rigas Elektromasinbuves Rupnica AS. NASDAQ OMX Riga Listing and Disclosure rules article 20.1.2, sub-article seven, stipulates that the issuer shall be placed on observation status if in the next six months it is planned to perform activities in the result of which the financial instruments of the issuer would be delisted. Rigas Elektromasinbuves Rupnica AS has published an information on the convocation of the Extraordinary General Meeting that will be held on March 19, 2013 and in which it is planned to decide on the delisting of Rigas Elektromasinbuves Rupnica AS shares from the regulated market. The purpose of applying observation status is to alert the market participants. 

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