Ventspils nafta

Denomination of shares from lats to euro


Denomination of shares from lats to euro

june 17, 2014 / Ventspils nafta

JSC “Ventspils nafta” informs that in accordance to the decision of annual general meeting that took place on June 11, 2014 to denominate share nominal value from lats to euro, the denomination date is set on June 30, 2014 (end of the day).

The Articles of association are registered within Commercial registry on June 13, 2014.

The new Articles of association attached. 

VN_Articles of Association.pdf

About JSC Ventspils nafta

JSC Ventspils nafta is one of the largest groups of companies in Latvia and works in the petroleum product transport, transshipment, storage and shipping sector. JSC Ventspils nafta is the Group’s parent company, which manages investments in subsidiary companies, by promoting the Group’s joint values and growth in value of each individual company.

JSC Ventspils nafta owns 51% in Ventspils nafta termināls Ltd, which is the largest crude oil and petroleum product terminal in the Baltics; 66% in LatRosTrans Ltd, which is the largest Latvian-Russian joint venture in the Baltics; 49.94% in JSC Latvijas kuģniecība, which is among the largest ship owners in the world in the medium-sized and handy tankers category.

Shares of JSC Ventspils nafta (NASDAQ OMX RIGA: VNF1R) are quoted in the Baltic Official List of the stock exchange NASDAQ OMX Riga since October 20, 1998.


Additional information:

Elīna Dobulāne, Communications Consultant

JSC Ventspils nafta

Phone: +371-25959447