Riga Stock Exchange                                                                02.02.2005



RSE again requests OT Grupa to disclose material information



RSE has requested that JSC “OT Grupa” disclose material information about the relationship 

with SIA “OT Stils”, and has once again requested to disclose information about the payment of 

the outstanding loan to “Latvijas Unibanka”. 



A number of commercial advertisements have recently appeared in local newspapers on behalf of 

JSC “Ogre” (the former name of “OT Grupa”). The pone calls were answered by SIA “OT Stils”, 

registered and doing business at  the previous legal address of “OT Grupa”. The RSE believes 

such advertising to be misleading:  there is no company registered with the Company Register 

under the name “Ogre”.. SIA “OT Stils” is the actual owner of the advertisements and the service 

provider.  



Considering the above, the RSE has requested “OT Grupa” to disclose any relationship (if 

applicable) with SIA “OT Stils” (any agreements  on co-operation, lease of premises, service 

providing). If such agreements are in place, the company has to provide further details 

(subject of the agreement, expiry date etc.). 



The RSE also reminds “OT Grupa” that it has to disclose the plans how to repay the loan to 

“Latvijas Unibanka”. The information provided by the company on January 31, 2005 states that 

the company is restructuring the loan, however, does not provide further details under the 

confidentiality pretext. However, the RSE rules stipulate that an issuer is supposed to disclose 

complete information to the RSE, and at the same time may request the RSE not to make it public 

because it contains commercial secrets. Since the RSE has not been applied for this reason and 

the RSE has not assigned confidentiality status to the information, it has to be disclosed in 

the manner described in the RSE rules.  



Also, since there have been changes in “OT Grupa” Management Board and Supervisory Board, and 

there is a new chief accountant, the company is reminded to update the insider list.



The trading of “OT Grupa” has been suspended since January 18, 2005. 



For more information, please contact:

Krista Grīntāle

Corporate Communications Director

Riga Stock Exchange

Phone: +371 7212431