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Wednesday, 24.04.2024, 10:51
Shares of Latvijas Tilti construction company should be delisted from Riga bourse
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The extraordinary shareholders meeting plans to decide to exclude shares of Latvijas Tilti in public trading from the regulated market and fulfill the decision in three months.
Shareholders of Latvijas Tilti will hold an extraordinary meeting on December 5 to decide on delisting the company’s shares.
In a meeting held on October 19 the shareholders of Latvijas Tilti at an extraordinary meeting voted down the proposal for delisting the company's shares. After the meeting, Krists Leiskalns, the spokesman for LNK Group, the major shareholder in Latvijas Tilti, said that LNK group at an extraordinary shareholders meeting supported delisting of Latvijas Tilti shares.
The total share capital of Latvijas Tilti comprises 671,000 shares with the nominal value of EUR 1.4 per share. Of these, 668,987 are voting shares and 2,013 are non-voting employee shares.
Latvijas Tilti shares are quoted on the Secondary List of the Riga bourse. The company’s largest owner is Latvijas Novitates Komplekss (LNK) group. Latvijas Tilti builds and repairs bridges as well as manufactures and installs metal structures.
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