Published: 2021-12-06 20:37:51 CET
Rīgas kuģu būvētava
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On mandatory share buy–back offer

Opinion of the Board of Directors of AS “Rīgas kuģu būvētava” on the company's mandatory share buy-back offer and its impact on the public interest

As previously notified, according to decision No.139 of the Financial and Capital Market Commission dated October 26th, 2021, Irina Meļņika was authorised to make a Company’s mandatory share buy–back offer.

The Board of Directors of the Company considers the share buy–back offer to be compliant with the provisions of the Financial Instruments Market Law.

Considering that offeror of the share buy–back offer has intention to continue the Company’s business activities and no changes of business activities are planned, the Board of Directors of the Company positively evaluates the share buy–back offer and accordingly it will continue its operations in the current activity area. It is also planned to continue the employment relationship with the existing employees of the Company according to employment agreements concluded with them, as well as there are no plans to change the location of the Company.

 

 

The Board of Directors of AS „ Rīgas kuģu būvētava”