Observation status of AS “VEF Radiotehnika RRR” supplemented with additional reason


NASDAQ OMX Riga decided on September 19, 2014 to immediately apply an additional reason for applied observation status to AS “VEF Radiotehnika RRR” (RRR1R, ISIN code: LV0000100972) due to the following reason.

On September 19, 2014 AS „VEF Radiotehnika-RRR" informed that on September 18, 2014 an application was submitted to the Riga City Kurzeme District Court to begin the legal protection procedure.

Therefore the observation status to AS “VEF Radiotehnika RRR” will be applied also in accordance with NASDAQ OMX Riga Listing and Disclosure rules Article 20.1.2, Subarticle 2, which states that the observation status shall be applied to an issuer in circumstances when the Issuer has permanent insolvency problems.

The observation status which was applied on July 22, 2014 is still in force.

The purpose of assigning observation status is to alert the market participants.


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