Observation status of Baltic Dairy Board, SIA supplemented with additional reason
Nasdaq Riga decided on October 2, 2020 to immediately apply an additional reason for applied observation status to Baltic Dairy Board, SIA (BDBB180024A, ISIN LV0000801595) according to Nasdaq Riga Rules on Listing and Trading of Financial Instruments on the Markets Regulated by the Exchange Article 20.1.2, Subarticle 8, which stipulates that the Issuer shall be placed on observation status if the Issuer has not paid the listing fee within the time limit and in the amount specified by the Exchange and the payment is overdue for more than 6 months.
Explaining the above the Baltic Dairy Board SIA confirms that the overdue annual fees for the listing of debt securities (ISIN code LV0000801595) in the Debt Securities List of the Exchange will be paid till this year October 30. A/S “Nasdaq Riga” will not have to exercise the right to decide on the delisting of the issuer's financial instruments from the Exchange's lists at the Exchange's initiative.
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