Nasdaq Riga: Observation status applied to AS "VEF Radiotehnika RRR"

Nasdaq Riga decided on May 2, 2018 to immediately apply observation status to
AS "VEF Radiotehnika RRR" (RRR1R, ISIN: LV0000100972). 

Observation status will be applied according to Nasdaq Riga Listing and
Disclosure rules Article 20.1.2, Subarticle 5, which stipulates that the Issuer
shall be placed on observation status if it fails to disclose the information
to be disclosed on a regular basis as specified herein in due time and manner. 

AS "VEF Radiotehnika RRR" has failed to submit its audited annual report of
2017. 

The purpose of assigning observation status is to alert the market participants.

Nasdaq Baltic
Issuer Services
[phone]
www.nasdaqbaltic.com

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