Observation status applied to AS Silvano Fashion Group shares
Tallinn, Estonia, 2022-03-01 15:02 CET --
Nasdaq Tallinn decided on March 1, 2022 to apply observation status to AS Silvano Fashion Group shares (SFG1T, ISIN code: EE3100001751) based on the section 220.127.116.11. of chapter Supervision of the rules and regulations in relation to material changes in issuer's market sector.
Based on sub-sections of the clause 3.5. of the Supervision Rules of Nasdaq Tallinn, the Exchange has the right to add an observation status to a share and to the trading information displayed on the web site to draw the market participants' attention to significant circumstances related to a security or an issuer.
According to Supervision Rules clause 18.104.22.168 the observation status can be added in the case of other circumstances related to the issuer or its securities that may have material influence, including but not limited to material changes in issuer's activities or market sector, unusual fluctuations or changes in the market price of issuer's securities.
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