Nasdaq Tallinn: Observation status of AS Baltika supplemented with additional reason

Tallinn, Estonia, 2019-10-07 16:00 CEST --


Nasdaq Tallinn decided on October 7, 2019 to apply an additional reason for
applied observation status to AS Baltika shares (BLT1T, ISIN code:
EE3100145616) based on the clause 3.5.4.5 of chapter Supervision of the rules
and regulations (Supervision Rules). 

According to Supervision Rules clause 3.5.4.5 the observation status can be
added in the case of the filing of an application to delist the issuer's
securities or a potential commencement of the delisting procedure within the
following six (6) months. 

Taking into consideration that the main shareholder KJK FUND SICAV-SIF (in
liquidation) announced in mandatory takeover Prospectus that it may decide to
initiate delisting of AS Baltika shares from Nasdaq Tallinn stock exchange, in
the opinion of Exchange it is likely the shares may be delisted in following 6
month time. 



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.