August 13 (SeeNews) - The Zagreb Stock Exchange (ZSE) issued on Monday public warnings to the companies within Croatia's troubled concern Agrokor and fined them 5,000 kuna ($769.5/673.2 euro) each for repeatedly failing to publish their financial statements by the set deadlines.
Bourse rules and the capital market act require listed companies to publish their first, second and third-quarter statements within one month of the end of the respective quarter, the ZSE said in separate warnings to Agrokor companies.
The companies concerned are frozen foods producer Ledo [ZSE:LEDO-R-A], food company Belje [ZSE:BLJE-R-A], meat processing company PIK-Vinkovci [ZSE:PIVK-R-A], news stand operator Tisak [ZSE:TISK-R-A], agricultural conglomerate Vupik [ZSE:VPIK-R-A], mayonnaise and margarine producer Zvijezda [ZSE:ZVZD-R-A], soft drinks and water bottling company Jamnica [ZSE:JMNC-R-A] and wholesaler Zitnjak [ZSE:ZTNJ-R-A].
The ZSE said it has decided to issue fines to the companies because they have violated its rules several times within a year.
In February, the ZSE temporarily suspended from trading eight companies of Agrokor over the resignation of the crisis manager of the concern, Ante Ramljak. In early March, the bourse decided to keep them suspended until regular trading can be resumed without causing damage to investors.
The last trading day of their shares was February 20.
(1 euro=7.42642 kuna)