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Observation status applied to FERN Group

RefinitivLess than 1 min read

Nasdaq VilniusChanges to observation segment

Observation status applied to FERN Group

Nasdaq Vilnius decided to apply observation status to FERN Group, UAB(orderbook of the bonds FERN090026FA, ISIN code LT0000409633).

Observer status was granted to the Company after it announced the initiation ofthe Company's reorganization and the convening of a meeting of the Company'sbondholders, where it is planned to demand an immediate redemption of theCompany's bonds according to the conditions specified in the InformationDocument regarding obligations related to the bonds.

The more detailed information is available in the Company's announcement here.

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, alternativemarkets First North operated by Nasdaq companies in the Baltic states, i.e.Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.https://view.news.eu.nasdaq.com/view?id=ba372988fdfe71ee096a53cf57b0c2c05&lang=en&src=omxlink

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