English Latvian
Published: 2021-10-28 14:06:54 CEST
Other information disclosed according to the rules of the Exchange

Investment bank WOOD & Company updates report on HansaMatrix, maintaining its BUY recommendation

Riga, 2021-10-28 14:06 CEST -- The updated report on HansaMatrix has been published under a research programme supported by the European Bank for Reconstruction and Development (EBRD) to cover companies listed on the Nasdaq Baltic* and available publicly, free of charge, on the programme’s website (www.listed-sme.com), tailored for qualified investors. Direct link to the report: https://bit.ly/2ZsI4qo.

HansaMatrix announced earlier that, based on HansaMatrix’s memorandum of understanding with Nasdaq Riga, the research programme, supported by the EBRD, to cover companies listed on the Nasdaq Baltic will also include HansaMatrix research coverage for two years.

Following the successful launch of its dedicated research programme in May 2020, in support of the development of small- and medium-sized enterprises (SMEs), the EBRD is expanding the initiative to the Baltic states.

Funded by the TaiwanBusiness-EBRD Technical Cooperation Fund, the programme provides research coverage for a set of SMEs listed on the stock exchanges in BulgariaCroatiaNorth MacedoniaRomaniaSerbia and Slovenia. The reports are publicly available, free of charge, on the programme’s website, www.listed-sme.com.

The aim is to produce free, publicly available, high-quality research reports, in order to overcome the information barriers that depress market liquidity. Making markets more transparent by increasing the amount of reliable information is regarded as key for increasing the availability of financing for SMEs.

The two-year research programme is being conducted by WOOD & Company, an investment bank specializing in emerging markets. The programme is fully aligned with the objectives of the European Commission’s Action Plan on Building a Capital Markets Union, which specifically mentions improving access to finance, including risk capital, notably for SMEs, as one of the five priority areas.

The full text of a joint announcement from the EBRD and Nasdaq Baltic exchanges: research programme to cover companies listed on the Nasdaq Baltic, available here (https://bit.ly/35xJj82).

*Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD.

Māris Macijevskis, CFA
Management Board Member, Finance director
Phone: (+371) 6780 0002

E-mail: invest@hansamatrix.com

About JSC “HansaMatrix”

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial and other high value-added business segments.