Observation status applied to J.Molner AS sharesTallinn, Estonia, 2023-03-10 13:57 CET --
Nasdaq Tallinn decided on March 10, 2023 to add the observation status to the shares of J.Molner AS (MOLNR, ISIN code: EE3100109034) starting from today, March 10, 2023, based on the clause 3.5.4.8. of chapter Supervision of the rules and regulations (Supervision Rules).
J.Molner AS is a holding company that does not have an independent economic activity, business operations take place in a subsdiary J. Molner Company OÜ, owned 100% by J.Molner AS.
According to 12-months Unaudited Interim Report published by the Issuer on March 10, J. Molner Company OÜ´s net assets no longer comply with the requirement set out in the Commercial Code.
The purpose of applying observation status is to alert market participants.
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