Announcement from the exchange
Announcement on the results of AS „Latvijas Krājbanka” securities portfolio auctions
Since the launch of Latvijas Krājbanka (hereinafter Krājbanka) bankruptcy procedures Krājbanka is no longer authorized to provide financial services. Up to November 30 everyone who had his or her securities account opened with Krājbanka could transfer the securities to a new securities account opened with an own-selected bank. According to the Credit Institution Law in Latvia, the securities that remained in custody of Krājbanka after the deadline were auctioned by NASDAQ OMX Riga today, on December 18.
Results of the auctions are attached to this announcement.
Auction organizer has not set the minimum price.
Settlement currency is Lats and settlement date for securities whose settlements will be ensured by Latvian Central Depository is December 21, 2012.