CEO of TEO Closed Trading Session of NASDAQ OMX Stock
OREANDA-NEWS. October 30, 2012. TEO LT, AB, the largest provider of integrated telecommunication, IT and television services in Lithuania, became the first company listed in the Baltic States, whose CEO had been granted the right to close the stock exchange trading session at the NASDAQ OMX Stock Exchange in New York.
TEO received the invitation to participate in the ceremony after for several years in a row having been recognized for the Best Investor Relations (IR) among companies listed on the Baltic stock market.
Upon closing the trading session by ringing the symbolic Closing Bell, Arunas Shikshta, CEO of TEO, said that the invitation to participate in the ceremony witnessed the success of the long-standing and consistent work of more than 3 thousand employees of TEO and of the Company’s close cooperation with its shareholders worldwide.
"Since the very beginning of becoming listed on the Vilnius Stock Exchange in 2000, TEO has been seeking to be as open as possible to both small and big shareholders, and has been implementing the most advanced corporate management practices and consistently developing its relations with investors. We are pleased that our efforts have been repeatedly acknowledged during the NASDAQ OMX Baltic Market Awards, and independent experts recognize TEO as the most successful listed company in the Baltic States", - A. Shikshta said.
"We welcome TEO visiting and closing the trading session at New York's NASDAQ MarketSite, which is considered to be the symbol of the progress of state-of-the-art technologies, business and finance. This place represents modern technologies, transparency and innovation. Every day the best of the best participate in the Opening and Closing Bell ceremonies, so TEO, for a significant contribution and an outstanding example of Investor Relations among the Baltic listed companies, deserves to participate in this ceremony", – Arminta Saladzhienл, Head of Baltic Markets at NASDAQ OMX, said.
Every business day of NASDAQ OMX New York, top managers of large companies and public organisations, as well as heads of state and famous people participate in the stock exchange trading session Opening and Closing Bell ceremonies. Andrius Kubilius, Prime Minister of Lithuania, has also attended such ceremony during his visit to New York.
The ceremony held on Friday was aired live on the website of the NASDAQ OMX Stock Exchange, and also broadcast on the huge screen on the seven-story MarketSite Tower building in Times Square, New York, and on the world’s major TV channels: CNBC, Bloomberg TV, Fox Business News.
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