Last update: 22.07.2024 01:11 (GMT+3)

OMHEX enters Lithuanian stock exchange and CSD privatization process

02.02.2004, , RIG

OMHEX formally announced today its interest in participating in the
privatization process of the National Stock Exchange of Lithuania
(NSEL) and the Central Securities Depository of Lithuania (CSDL). As a
logical next step to further its strategy of integrating the Nordic and
Baltic securities market, OMHEX intends to submit an offer for the
shares of NSEL and CSDL that are for sale in the privatization process.
- OMHEX has a clear commitment and vision as well as a successful track
record as facilitator of the integration and development of the Nordic
and Baltic region, said Magnus Böcker, President and CEO, OMHEX.
- Based on our vision, the integration of the Lithuanian securities
market would complete the Nordic and Baltic region as a truly
integrated market using common trading technology, harmonized processes
and rules. It will also increase the attractiveness of the entire
Baltic market and generate clear value and benefits for all
Lithuanian market participants: investors, listed companies and trading
members.
For further information or comments, please contact:
Gert Tiivas, President of Baltic Operations
+372 517759
Jukka Ruuska, President of HEX Integrated Markets
+358 9 6166 7200
Anna Rasin, VP Marketing & Communications
+46 8 405 66 12
About OMHEX
OMHEX is a leading provider of marketplace services and solutions that
help customers achieve efficient securities transactions. Within the
HEX Integrated Markets division, OMHEX operates Northern Europe's
largest securities market. Its exchange operations within
Stockholmsbörsen, HEX Helsinki, HEX Tallinn and HEX Riga offer
investors access to 80 percent of the Nordic and Baltic equity market.
HEX Integrated Markets also operates central securities depositories in
Finland, Estonia and Latvia. Through the OM Technology division, OMHEX
is a world-leading provider of transaction technology, processing and
outsourcing solutions to financial markets around the world.

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