RSE lifts 15% price spread for Free list shares starting with January 1

22.10.2003 RIG

The RSE has passed a resolution to lift the 15%price spread for Free list shares from January 1 till April 1.

The resolution has been passed considering that for a number of Free list companies the average mean price has been a few santims, thus, lifting the price spread may give more opportunities to the buyers and sellers to arrive at a mutually acceptable price in a shorter time.

Presently the price spread is lift as a temporary measure; the extension will depend on the market reaction, as well as on the possibility to monitor any manipulations with the said shares.

For more information, please contact:
Krista Grintale
Corporate Communications Director
Riga Stock Exchange
Phone: +371 7212431