Disclaimer

First North Foreign Shares Trading List

First North Foreign Shares Trading List is administered by the operator of the regulated market AB Nasdaq Vilnius (the Exchange) and means the multilateral trading facility not having the regulated market status, as defined in the Law on Markets in Financial Instruments of the Republic of Lithuania and other legal acts.

First North Foreign Shares

First North Foreign Shares means shares which are already admitted to trading on a regulated market or a multilateral trading facility within the EEA, where the issuers has applied for admission to listing and (or) trading.  

Admission to trading

Foreign shares may be admitted to trading on the First North Foreign Shares Trading List when conditions for a reliable price formation process exist. The admission of the Foreign shares to trading on and the removal of the Foreign shares from trading on the First North Foreign Shares Trading List is based on the sole discretion of the Exchange. It shall be noted that there is no listing on the First North Foreign Shares Trading List.

Disclosure

The issuer is not subject to the disclosure requirements of the Exchange. The issuer is subject to applicable disclosure requirements based on the legislation of the issuer’s home member state and the rules of the regulated market or the multilateral trading facility where the issuer has applied for admission to listing and (or) trading. The Exchange will provide investors with information (e.g. links) about the issuer and the regulated market or the multilateral trading facility where the issuer has applied for admission to listing and (or) trading.

Trading

Membership, trading in financial instruments and settlement on the First North Foreign Shares Trading List shall be a subject to the provisions the Nasdaq Baltic Member Rules.

Supervision

The Exchange oversees trading compliance with the Nasdaq Baltic Member Rules and regulations applicable to trading. The Exchange does not exercise any oversight with respect to any disclosure requirements applicable to issuers on the regulated market or the multilateral trading facility where the issuers has applied for admission to listing and (or) trading.