NASDAQ OMX Riga lifts additional reason for AS „Latvijas Zoovetapgāde” trading under surveillance


NASDAQ OMX Riga Management Board resolved on its meeting of May 5, 2010, to
lift an additional reason for applied surveillance status to AS „Latvijas
Zoovetapgāde”. That was assigned to the company on April 19, 2010. According to
the NASDAQ OMX Riga Listing and Disclosure rules, the Exchange may assign
Surveillance status if circumstances influencing the Issuer's activity have
occurred which may materially threaten the interests of the investors, and in
cases when it is important to turn the attention of market participants to a
substantial circumstance related to the relevant financial instrument or its
Issuer. 

The company shareholders on April 30, 2010 Annual general meeting voted against
the planned changes in the Articles of Association of the company. The draft
changes in the Articles of Association stated that the selling of shares will
need to be accepted by the general meeting of shareholders. 

NASDAQ OMX Riga Management Board applied trading under surveillance status to
AS „Latvijas Zoovetapgāde” first on February 4, 2010 due to the pending
payments. According to the NASDAQ OMX Riga Listing and Disclosure rules Article
20.1.2., subarticle 8, the Issuer can be placed on surveillance status if it
has not paid the listing fee within the time limit and in the amount specified
by the Exchange and the payment is overdue for more than 6 months. This
surveillance status is still in force. 


NASDAQ OMX Riga
Market services
+371 6721 2431