JSC PATA Saldus veikla
JSC PATA Saldus operates in two basic sectors: forestry and processing of wood. The company owns more than 2,000ha of land property, including 1,614ha of forest territory.
The company has concluded a longterm agreement with the State Joint Stock Company Latvijas Valsts Meži about the forest harvesting on 40,000 ha of forest territory.
Under this longterm agreement every year in the state owned forest approximately 160 000 m3 of round timber shall be harvested, including 140,000 m3 for main usage and 20,000 m3 for intermediate felling.
The additionally needed amount of forest the company shall by on the auctions as well as purchasing felling sites and property from private forest owners all around Latvia. In average 340,000 m3 of round timber is being harvested.
JSC PATA Saldus announces when will be published financial statements for above mentioned periods:
Audited financial report for the year 2018 on 30.04.2019.
3 months financial report for year 2019 on 31.05.2019.
6 months financial report for year 2019 on 30.08.2019.
9 months financial report for year 2019 on 29.11.2019.
AS “PATA Saldus” on its Extraordinary General Meeting held on December 3, 2018 decided to change nominal value from EUR 1.40 to 0.70 EUR by double the amount of shares. Consequently to this change the ISIN of listed shares will be changed.
|Current ISIN code before the nominal value change||LV0000100154|
|New ISIN code after nominal value change||LV0000101681|
|New nominal value||0.70 EUR|
|Number of listed shares before the nominal value change||387 136|
|Number of listed shares after the nominal value change||774 272|
|Last trading date with previous ISIN before nominal value change||24.01.2019|
|Order book short name (unchanged)||SMA1R|
January 25, 2019 will be the first trading day with the new ISIN code. Settlements of all trades with the new ISIN code will take place as of January 29, 2019.
Due to the nominal value change (stock split), Nasdaq Riga has decided to flush the order book of AS “PATA Saldus” after the end of Trading Hours on January 24, 2019.