Last update: 28.11.2024 07:29 (GMT+2)
Riga Stock Exchange 18.01.2005
The trading of “OT Grupa“ suspended
Riga Stock Exchange Management Board resolved on its meeting of January 18, 2005 to suspend
the trading of “OT Grupa“ shares due to the failure to disclose price sensitive information.
On January 17 “OT Grupa“ disclosed information to the RSE, that “Latvijas Unibanka” has
requested the company to repay the principal of the loan plus the penalty by January 31, 2005.
On January 17 the RSE requested explanations from the contact person how the company is planning
to act under the circumstances. No information has been received by 9:30 of January 18.
By failing to disclose the requested information to the RSE, “OT Grupa” has breached the RSE
listing and disclosure rules. RSE Management Board will review the issue of resuming the trading
after the required information has been provided to the RSE.
For more information, please contact:
Krista Grīntāle
Corporate Communications Director
Riga Stock Exchange
Phone: +371 7212431