Preilu Siers, the largest producer of cheddar cheese in the Baltics, was delisted from the Riga Stock Exchange on Friday, the Riga bourse reported.
Preilu Siers shareholders had decided to delist the company in November, announcing a mandatory shareholder buy-out. This has now been completed and the company has met the requirements to delist.
Jazeps Snepsts, the company’s largest share holder, explained that the decision was made because no deal involving the company’s stock had yet been concluded on the exchange.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now