APB Apranga becomes the first Lithuanian-owned company to ring the Opening Bell at Nasdaq stock exchange

Vilnius, Lithuania, 2016-Sep-08 — /EPR Retail News/ — The President of MG Baltic Darius Mockus together with Apranga Group yesterday (2016-09-07) opened trading session at Nasdaq stock exchange in New York by ringing the Opening Bell. APB Apranga is the first Lithuanian-owned company which was granted with this privilege. Apranga Group was invited to the opening bell ceremony after Nasdaq Vilnius acknowledged it as Top Performer of 10 Years in terms of increase in share price and Baltic Market Awards ranking.

‘When I was writing my thesis on stock exchange functioning model in 1989, I could not imagine that one day I will be ringing the Opening Bell of Nasdaq stock exchange in New York. This experience is truly exciting and meaningful. Apranga is undoubtedly the leader of the fashion retail market in the Baltic States. Although Apranga is a part of the MG Baltic concern which unites more than 70 companies, it has always been the one to follow to the others,’ Darius Mockus, the President of MG Baltic told during the Opening Bell ceremony.

The Opening Bell ceremony which starts trading session has been a long time tradition of Nasdaq performed by an honorable guest. However, years ago the actual opening copper bell was changed by a touch-pad which activates the recording of the bell sound.

Apranga stocks have been traded in Nasdaq Vilnius Stock Exchange since May 26, 1997. Apranga stocks are included in Nasdaq Vilnius OMX Baltic Benchmark and OMX Baltic 10 index. Apranga Group currently employs 2000 qualified professionals, manages 81 500 square meters of trading space and the chain of 178 stores in Lithuania, Latvia and Estonia. The controlling share in Apranga is owned by MG Baltic.

To obtain hi-resolution photograph of the Market Open please go to:
http://business.nasdaq.com/discover/market-bell-ceremonies

Contact:

Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801

Source: Apranga/GLOBE NEWSWIRE