Shareholder questions and answers
1. What has changed after JSC Grindeks withdrawal from stock exchange in 19.02.2021?
The exclusion of shares from the stock exchange means that it is no longer possible to purchase and sell shares of JSC Grindeks on the stock exchange, as well as the current information about JSC Grindeks is no longer published on the exchange site. Share trading can still be conducted in private deals. Information about the company is posted on the website of JSC Grindeks – grindeks.eu
2.To who shares of JSC Grindeks can be sold?
It is possible to sell the shares in private transactions to any interested party holding a securities account by agreement between the parties on the amount of the transaction and other terms.
3.What is the price of shares?
According to the statutes of JSC Grindeks, the nominal value of one of the shares is EUR 1.40. The price of the transaction shall be determined by an agreement.
4.Where can I see the information about JSC Grindeks published on the stock exchange?
All information published on the stock exchange about JSC Grindeks up to 19.02.2021 can be viewed at the following address: https://nasdaqbaltic.com/statistics/lv/instrument/LV0000100659/trading?date=2021-02-19
5.Will dividends be paid?
In accordance with the Commercial Law of the Republic of Latvia, the decision regarding the payment of dividends shall be within the competence of the shareholders meeting. Information on shareholder meetings can be obtained on the website of JSC Grindeks – www.grindeks.eu , information about shareholder meetings are placed in the official publication “Latvijas Vēstnesis” and in the newspaper.
6.Can JSC Grindeks repurchase shares?
According to the Commercial Law of the Republic of Latvia, JSC Grindeks is prohibited from buying its shares.
7.Is JSC Grindeks planning to return to the stock exchange?
There is no such decision right now.
8.Where can one ask questions about the shares of JSC Grindeks?
Please follow the current information on the website of JSC Grindeks www.grindeks.eu which could provide answers to all the questions, please write an e-mail to email@example.com if you have any other additional questions.