Nasdaq today announced the winners of the Nasdaq Baltic Awards 2019, recognizing Nasdaq Baltic-listed companies for excellence in the areas of transparency, governance, and investors relations, as well as the most active and impactful stock exchange member. For the first time, other key stakeholders were also honored for their contributions to the sustainable growth of the Baltic capital markets.
The winners of the awards in six categories and one special recognition were announced via a live video-bridge during a biennial ceremony co-hosted by the Nasdaq Baltic stock exchanges and Nasdaq CSD in Tallinn, Riga, and Vilnius. To mark the occasion, Adena Friedman, the CEO of Nasdaq, invited the Nasdaq Baltic-listed companies LHV Group, MADARA Cosmetics, and Lietuvos Energija to ring the bell at the Nasdaq MarketSite in New York.
“We congratulate the first biennial Nasdaq Baltic awardees. These shining examples of sound corporate governance, investor relations and generation of returns for shareholders set the bar high for all the companies on both the regulated and alternative First North markets. That is the way to build trust for sustainable investments and economic growth,” said Indars Aščuks, the Head of Baltic Markets at Nasdaq. “Thanks are due to all stakeholders for their impressive commitment to propelling investment culture and advancing the Baltics a market full of attractive opportunities.”
“The Nasdaq Baltic listed companies were assessed in terms of shareholder returns and trading activity, excellence in corporate governance and transparency, and how market participants and professional investors view them. Each of the three criteria groups is significant – furthermore, they complement each other well,” noted Geoffrey Mazullo, the Chairman of the Nasdaq Baltic Awards Committee, the Principal at Emerging Markets ESG. “A company that performs well according to all the criteria understands the importance of good governance and transparency – both in theory and in practice. And investors appreciate such a company’s efforts to keep them informed on an ongoing basis.”Continue reading “Nasdaq Announces Winners of Nasdaq Baltic Awards – Riga, Tallinn and Vilnius – January 31, 2019”