Last update: 26.09.2021 06:32 (GMT+3)

Trading suspended for six companies due to failure to disclose Annual Reports for 2001

02.05.2002, Valsts Kase / Treasury of Latvia, RIG



Due to the failure to meet the deadlines for submission of Annual
Reports for year 2001 trading of six Free listed companies is
suspended:

Viesnīca Latvija, Grobiņas ZV, Rīgas Juvelierizstrādājumu rūpnīca,
Liepājas autobusu parks, Mangaļu kuģu remonta rūpnīca, UBAK

RSE Management Board resolution is based on the RSE Enforcement Note
on Securities Lists; resolution on resuming trading will be passed on
case-by-case basis. Previously, Management Board has resolved to extend
the deadline for submission of 1st quarter financial statements for
Latvijas Gāze till May 15, 2002. This decision was made on basis of the
company request and the RSE Enforcement Note on Securities Lists. The
following companies should submit their Annual Reports by July 31,
2002:

Latvijas Gāze, Grindeks, Latvijas Balzams, Olainfarm, Rīgas kuģu
būvētava, Rīgas Transporta flote

As well as following Free listed companies:

Jūras medicīnas centrs, Lode, Ogre, Radiotehnika RRR, RER, Rota

The deadline dates are based on the RSE Enforcement Note on Securities
Lists, which allow companies that correspond to two out of three
criteria (employee number exceeds 250, balance sheet total exceeds 1
mln LVL, and net turnover exceeds 2.4 mln LVL) to prepare their Annual
Reports during seven months.

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