Nasdaq Riga decided on July 28, 2016 to apply observation status to AS "Latvijas Gāze" (GZE1R, ISIN code: LV0000100899).
Observation status will be applied according to Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 9, which stipulates that the Issuer shall be placed on observation status if other 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;
Exchange apply surveillance status to AS "Latvijas Gāze" shares to draw additional attention from the shareholders to the planned AS "Latvijas Gāze" reorganization process and the actions the shareholders must take within the framework of the planned reorganization process.
Notification on convocation of AS "Latvijas Gāze" extraordinary shareholders meeting which will take place on September 2, 2016 and with the agenda on the planned reorganization and changes in the articles of association available here.
Additional information to Shareholders relating to the actions they must to take in the framework of the planned reorganization process availability here and here.
The purpose of applying observation status is to alert the market participants.
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