Published: 2015-08-14 08:25:31 CEST
Nasdaq Vilnius
Announcement from the exchange

Resumption of trading in City Service AS shares. Observation status applied.

Vilnius, Lithuania, 2015-08-14 08:25 CEST -- Nasdaq Vilnius decided to resume trading in City Service AS shares (CTS1L, ISIN code: EE3100126368) from August 17, 2015 and to apply observation status for City Service AS.

On August 10, 2015 the Supervision Service of the Bank of Lithuania decided to consider the following information, submitted by City Service AS to the Bank of Lithuania, as information equivalent to the information, necessary to be disclosed in the prospectus: (i) Common Draft Terms of Cross-Border Merger of AB “City Service” and City Service EU AS (including the annexes), (ii) AB “City Service” annual financial information kits for the years 2012-2014, (iii) interim financial statements for the 3 months’ period ended 31 March 2015, (iv) Information document of references for the investors of City Service AS, (v) List of risk factors related to the activities and shares of City Service AS. City Service AS submitted the request to the Nasdaq Vilnius to resume trading.

According to company's submitted information there is possibility that shares will be delisted from Nasdaq OMX Vilnius. 
The purpose of applying observation status is to alert the market participants.

 

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Nasdaq Baltic is a common name for exchanges, regulated markets, alternative First North markets operated by NASDAQ OMX companies in the Baltic States, i.e. NASDAQ OMX Tallinn AS, NASDAQ OMX Riga AS and AB NASDAQ OMX Vilnius.