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Riga Stock Exchange Becomes The Sole Owner Of The Latvian Central Depository

Date 28/10/2002

The Riga Stock Exchange (RSE) has concluded the purchase of 18,92 per cent of Latvian Central Depository (LCD) state-owned shares from the Latvian Privatisation Agency. Thus, the RSE has become the sole owner of the LCD.

Latvian capital market structure, consolidating the stock exchange and the depository into a single company is similar to that of Finland and Estonia. The new RSE Group is a part of HEX Baltic Operations. HEX Group holds 92.98 per cent of RSE shares.