Observation status of Silvano Fashion Group supplemented with additional reasonTallinn, Estonia, 2024-05-07 09:15 CEST --
Nasdaq Tallinn decided on May 7, 2024 to apply an additional reason for applied observation status to Silvano Fashion Group shares (SFG1T, ISIN code: EE3100001751) based on the clause 3.5.4.6 of chapter Supervision of the rules and regulations (Supervision Rules).
Observation status will be applied due to information given in stock exchange announcement made on May 7, 2024, where AS Baltplast announced the decision to make an offer to acquire all shares of AS Silvano Fashion Group.
The observation status applied to the company on March 1, 2022 is also still in force.
The purpose of applying observation status is to alert the market participants.
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