Current report 25/2019
The Management Board of Atlantis SE headquartered in Tallinn informs that the Company received today the Resolution No. 386/2019 of the Management Board of the Warsaw Stock Exchange of May 7, 2019 regarding the indefinite suspension of trading of ATLANTIS SE shares on the WSE Main Market.The content of this resolution is attached to this report. The reason for the suspension of trading is the assessment of the Management Board of the Warsaw Stock Exchange regarding the lack of legality of the change in the financial year by the Issuer. The decision of the WSE is contrary to the position of the Ministry of Finance in Estonia, Ariregister – Estonian Registry Court _Registry Department of Tartu County Court_ which registered the above change as well as the content of an independent legal opinion of the International Law Office prepared at the request of the Warsaw Stock Exchange. The content of this legal report is also attached to this report by the Issuer.
The Management Board of the Issuer also informs that the date referred to in the resolution of the Warsaw Stock Exchange is impossible to meet because the current financial year in the Company is the fiscal year starting on January 1, 2018 and ending on June 30, 2019.
Bearing in mind the security and interest of the Company’s Shareholders, the Management Board will take all steps to resume the trading on the Issuer’s shares as soon as possible.
Attachments:
Legal basis:
Other regulations
A person representing the Company:
Damian Patrowicz, President of the Management Board
Damian Patrowicz, ESPI system operator