Reason for observation status applied to AS “Gro
Post# of 301275
Nasdaq Riga decided on March 17, 2017 to change the reason due to which the observation status is applied to AS “Grobiņa” (GRZ1R, ISIN code: LV0000100527).
On March 15, 2017 AS “Grobiņa” submitted its audited annual report of 2015 in Latvian , but on March 17, 2017 audited annual report of 2015 in English.
Thus, the reason due to which the observation status was applied as of May 2, 2016 in accordance with Nasdaq Riga Listing and Disclosure rules (hereinafter – Rules) Article 20.1.2, Subarticle 5 has ceased to exist.
The observation status which was applied on April 5, 2016 is still in force.
The purpose of assigning observation status is to alert the market participants.
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