NYAB receives relevant approvals and completes the re-domiciliation and transfer of listing to Sweden
14.06.24NYAB Plc (“NYAB” or the “Company”) has concluded that all requirements to implement the re-domiciliation of the Company have been met and has therefore resolved to complete the cross-border conversion. The Company has today applied for a pre-conversion certificate from the Finnish Trade Register so that the cross-border conversion can be registered with the Swedish Companies Registration Office. The registration is expected to occur on 27 June 2024.
Furthermore, Nasdaq Stockholm AB has approved the shares of the converted Company for admission to trading on Nasdaq First North Premier Growth Market Sweden subject to customary conditions and the cross-border conversion being registered with the Swedish Companies Registration Office. The Company will consequently complete the re-domiciliation and listing transfer. The expected last day of trading at Nasdaq First North Growth Market Finland is 27 June 2024 and the expected first day of trading on Nasdaq First North Premier Growth Market Sweden is 28 June 2024. The name of the converted Company is expected to be NYAB AB.
Further, the Company has established arrangements with certain custodians, and is willing to establish corresponding arrangements with other custodians, to launch a campaign to enable holders of so-called link securities in the Finnish book-entry securities system to exchange them to Swedish shares free of charge.
Read more from NYAB’s Company Announcement that is available here.
