The financial report for the first half year states that the business operating of the Ljubljana Stock Exchange has been successful; its revenues are higher if compared to the ones planned, but higher also in comparison to the identical period last year. Its operating expenses, however, are slightly lower than those originally planned.
The Supervisory Board also resumed the procedure for the nomination of the new President of the Supervisory Board of the LJSE - Dr Marko Simoneti, previously member of the Supervisory Board, resigned from his post, and was nominated President with the condition precedent.
The newly appointed President of the Board will take up his new post on 1 January 2005, following his obtaining a relevant licence from the Slovenian Securities Market Agency (ATVP). Until then, the Management Board of the Ljubljana Stock Exchange continues to function as a one-member body.
