RSE reprimands "Kaija"

27.02.2004 RIG

Riga Stock Exchange Management Board on its meeting of February 27, 2004 resolved to reprimand “Kaija” for the delay in disclosing material information.
JSC “Kaija” was supposed to disclose certain information, including restructuring plan and related documents, and the current financial situation, to the RSE by February 26. So far, Company has failed to provide the necessary information.
RSE has requested Financial and Capital Market Commission to exercise its rights as a regulator in order to receive the information from “Kaija”.
JSC “Kaija” shares were transferred to Surveillance list starting with February 16, since trading with the financial instruments of the issuer no longer met the market safety and investor protection standards.

Krista Grīntāle
Director of Corporate Communications
Riga Stock Exchange
Phone 7212431