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Press Release

JSC Olainfarm attracts third Market Maker


Posted on: 19 Sep 18


JSC Olainfarm announces that the Company has signed a Market Maker agreement with international investment company UAB “Orion Securities” thus joining few other Joint Stock companies in Baltics having three market makers. Thereby together with JSC “LHV Pank” and AB “Šiauliu Bankas” promoting reasonable market in the Stock Exchange.

To the contrary of previous Supervisory Council, newly elected Management of JSC Olainfarm has taken steps to expand and strengthen relationships with its shareholders and investors. In particular, by expanding number of service providers, shareholders and potential investors will benefit - having wider options in operating with JSC Olainfarm stocks in stock exchange.

“Financial markets, transparent and clear business model, interests of all shareholders, including minor ones, unfortunately was not a priority to previous Supervisory Council of JSC Olainfarm. To the contrary we strongly believe that shifting company’s attitude towards this, is top priority to start with. By attracting third Market Maker service provider, JSC Olainfarm is looking forward to be among market leaders in Baltics when it comes to investor relationships. And only few companies in the Baltic region collaborates with three market makers. We are also looking forward to start or reestablish other activities in regards to investor relationships”, comments Pavels Rebenoks, Chairman of the Council, JSC Olainfarm.in Baltics

JSC Olainfarm is one of the biggest pharmaceutical companies in Latvia with 45 years of experience in production of medication and chemical and pharmaceutical products. A basic principle of company's operations is to produce reliable and effective top -quality products for Latvia and the rest of the world. Products made by the Group are being exported to more than 60 countries of the world, including the Baltics, Russia, other CIS, Europe, Asia, North America and Australia.


For more information contact:
Inga Krukle
Member of the Management Board
JSC Olainfarm        
Phone: +371 28698449
E-mail: inga.krukle@olainfarm.com

Pavels Rebenoks
Chairman of the Council
JSC Olainfarm
Ph: +371 26332366
Email: pavels.rebenoks@olainfarm.com

GlobeNewswire
globenewswire.com

Last updated on: 19/09/2018

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