Tallinn, Estonia, 2015-04-07 16:34 CEST (GLOBE NEWSWIRE) --
The Certified Adviser status of Grant Thornton Rimess OÜ ended on April 6, 2015. Grant Thornton Rimess OÜ provided advisory services on MTF First North in Estonia.
There are 12 Certified Advisers acting on First North in the Baltic countries now. One of them provides the service in Estonia and Latvia (Law Firm VARUL), one in all three countries (AS LHV Pank), four in Estonia (Cresco Väärtpaberite AS, Law Firm LAWIN, Law Firm SORAINEN and AS Redgate Capital), five in Latvia (Ardente, Baker Tilly Baltics, Eventus Corporate Finance, Prudentia and Superia) and one in Lithuania (Verslo konsultacijų centras).
About First North
First North is a multilateral trading facility (MTF) operated by Nasdaq Nordic and Baltic stock exchanges. MTF does not have the same legal status as a regulated market in the EU. Companies traded on First North have to follow the rules of First North instead of the requirements for a regulated market.
First North gives growth companies easier access to equity capital and visibility in the Baltic financial markets. The companies admitted to trading on First North are given the same possibilities as companies listed on a regulated market, but the regulations are lighter. A company is required to have Certified Adviser, supporting the company in complying with the disclosure requirements and other rules, so that investors have sufficient amount of information in order to take informed investment decisions.
Nasdaq Baltic
Issuer Services
+372 640 8800
www.nasdaqbaltic.com
Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. NASDAQ OMX Tallinn AS, NASDAQ OMX Riga AS and AB NASDAQ OMX Vilnius.