Tallinna Vesi won the main category “Best Investor Relations in the Baltic Market” for the first time. Robert Greifeld, CEO of NASDAQ OMX Group, invited the winner to the NASDAQ OMX Marketsite in New York to participate in the Bell Ringing Ceremony.
TEO LT was the runner up for the best investor relations performance in 2013, and the third place went to Baltika. Grindeks and Nordecon ranked fourth and fifth, respectively.
“We evaluate our listed companies according to the international standards in investor relations. Transparency, openess and sound corporate governance are the most important tools in order to build confidence both in companies and in the entire capital market,“ says Arminta Saladžienė, Head of NASDAQ OMX Baltic Market. „It is much easier for companies to access financing for growth and increase their competitiveness, if investors, creditors, employees and other stakeholders trust them. In the end, more transparent and fair environment brings benefits to the Baltic economies and to the people.”
The Baltic Market Awards 2013 were handed out to winners in six categories, among them the „Member of the Year“, the award was presented to LHV Pank for the third consecutive year.
Ekspress Grupp received an award in the category „Most Visible Improvement over the Year“.
TEO LT became the winner in two categories: „Best Investor Relations According to the Analysts“ and „Best Annual and Corporate Governance Report“.
Ventspils nafta received an award for „Best Interactive Investor Relations“. The information provided on the company’s web as well as a number of webinars organized for investors were taken into consideration.
A total of 52 of NASDAQ OMX Baltic Market listed companies were evaluated against more than 160 criteria.
Winners by categories:
Best Investor Relations in the Baltic Market
1. Tallinna Vesi
2. TEO LT
3. Baltika
4. Grindeks
5. Nordecon
Most Visible Improvement over the Year
1. Ekspress Grupp
2. Ventspils nafta
3. Merko Ehitus
Best Interactive Investor Relations
1. Ventspils nafta
2.-3.Grindeks and TEO LT
Best Investor Relations According to the Analysts
1. TEO LT
2. Olympic Entertainment Group
3. Apranga
Best Annual Report and Corporate Governance Report
1. TEO LT
2. Tallinna Vesi
3. Baltika
Member of the Year
1. LHV Pank
2. Bankas Finasta
3. SEB Pank
Top 20 Baltic companies in 2013 according to their Baltic Market Awards Best Investor Relations in the Baltic Market score:
1. Tallinna Vesi
2. TEO LT
3. Baltika
4. Grindeks
5. Nordecon
6. Ekspress Grupp
7. Harju Elekter
8. Apranga
9. Merko Ehitus
10. Premia Foods
11. SAF Tehnika
12. Olympic Entertainment Group
13. Ventspils nafta
14. Invalda LT
15. Olainfarm
16. Latvijas kuģniecība
17. LESTO
18. Šiaulių bankas
19. Lietuvos energijos gamyba
20. Tallink Grupp
About the Baltic Market Awards
The Baltic Market Awards were introduced in 2006. The purpose of this project is to highlight the best investor relations in financial and non-financial reporting and improve the overall standard of investor relations among listed companies, as well as provide them with individual evaluation and consultancy from stock exchange side. The members of the Evaluation Committee represent academics, investors, finance analysts, media representatives and representatives of the NASDAQ OMX Baltic Stock Exchanges.
For more information: http://www.nasdaqomxbaltic.com/en/exchange-information/about-us/baltic-market-awards/
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control. These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov. NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media relations contact:
Audrone Ranonyte
+370 5 272 3458
