Proceedings regarding annulment of the FCMC’s decision terminated

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On 24 August 2021, the Administrative Regional Court terminated the proceedings for the claim to annul the decision of the Financial and Capital Market Commission (FCMC) by which the FCMC allowed "AB City" to make a mandatory buy-back offer for AS "Olainfarm" shares. The Court's ruling may be appealed.

The proceedings were initiated in relation to the application of AS “Olainfarm” minority shareholders Mārcis Judzis and Agris Auce.


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