Atnaujinta: 2024.07.20 05:06 (GMT+3)

OGR: RSE requests more information from “OT Grupa” about loan repayment

2005.01.20, OT Grupa, RIG
Riga Stock Exchange                                                             20.01.2005

RSE requests more information from “OT Grupa” about loan repayment

RSE Management Board, after reviewing the additional information presented by “OT Grupa”
about their solutions how to repay the loan principal and penalty charges to “Latvijas Unibanka”,
and the information received on January 19, 2005 about “Latvijas Unibanka” creditor’s claim to
“OT Grupa”, arrived at a conclusion that the additional information provided to the RSE does not
present a clear and explicit view about the situation in the Company. The RSE Management Board also
believes that circumstances have arisen that may effect the further operations of the Company,
thus jeopardizing the investors’ interests.

Considering the above, the RSE Management Board did not review the issue of resuming the trading
with JSC “OT Grupa” shares, and resolved to request additional information from the Company.

JSC “OT Grupa” is requested to disclose information on property disposal, on the Company loan
commitments, whether it is planned to take another loan to repay “Latvijas Unibanka” loan, and
how the Company is going to act in case of failure to settle the obligations with “Latvijas
Unibanka” by the deadline.

The trading of “OT Grupa” shares was suspended on January 18, 2005.

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


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