Daugavpils, 2014-03-05 08:29 CET (GLOBE NEWSWIRE) -- Due to the fact that the volume of cooperation between JSC “Ditton pievadķēžu rūpnīca” (JSC) and companies of the Russian Federation and Ukraine constitute 45% and 5-6% of the JSC’s annual turnover, as well as taking into account current events in Ukraine, the Management Board and the Council informs investors of the following:
1. The Management Board and the Council look forward to an early and mutually acceptable settlement of relations between Ukraine and the Russian Federation without violence and dictates, respecting each other’s rights and interests.
2. The Management Board and the Council states that currently relations between JSC and the companies of the Russian Federation and Ukraine run within legal framework, are regulated and performed in accordance with the signed contracts, JSC currently has no significantly overdue liabilities by Ukrainian partners.
3. The Management Board and the Council constantly control development and progress of performance of contractual obligations by the companies of the Russian Federation and Ukraine and by appearance of adverse trends JSC shall immediately take appropriate measures, while informing the investors.
The current statement has been made in accordance with rules of JSC „NASDAQ OMX Riga” (Exchange) „Rules On Listing and Trading of Financial Instruments on the Markets Regulated by the Exchange” and information of the Exchange.
Chairman of the Management Board