HEX Plc and Riga Stock Exchange (RSE) shareholders have finalised ownership arrangements,
making HEX the majority shareholder in the new RSE Group consisting of Riga Stock Exchange
and Latvian Central Depository (LCD). HEX holds 92.98 per cent of RSE shares and RSE holds
81.08 per cent of LCD shares. The remaining 18.92 per cent of LCD shares is owned by the
Latvian Privatization Agency, who has announced its intention to sell these shares during
this year.
As a result of the transaction, the structure of the Latvian marketplace is similar to
that in place already in Finland and Estonia. The new group will form a part of HEX's
Baltic Operations.
.jpg)
