As previously announced the Board of Cision AB (publ) (“Cision”) has decided to apply for a de-listing of the company’s share from NASDAQ OMX Stockholm.
Remaining minority shareholders hold in aggregate approximately 10.3 per cent of the total number of shares and votes. Only a very small portion, slightly more than one tenth, of these shareholders own 100 or more shares. Of the remaining shareholders more than half own only 10 or fewer shares, according to information available from Euroclear as per
On this basis the Board of Directors of Cision has concluded that the basis for a well-functioning, appropriate trading in Cision’s share, which can motivate a continued listing, does not exist.
The Board of Directors of course expects that the stock exchange will set a date for de-listing which gives Cision’s shareholders adequate opportunities to make dispositions for their shareholdings in preparation for the de-listing.
For further information, please contact:
Cision AB (publ) P.O. Box 24194 SE-104 51
The information provided herein is such that Cision AB (publ) is obligated to disclose pursuant to the Swedish Securities Markets Act (SFS 2007:528) and/or the Swedish Financial Instruments Trading Act (SFS 1991:980). The information was submitted for publication at
N.B. The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Most Popular Stories
- Criminal Investigation Opened Into James Foley's Death
- McDonald's Names Another U.S. President
- The Hip New Career? Farming
- Sahara Casino Rises Anew as SLS Las Vegas
- U.S. Supporters of Islamic State Get Close Scrutiny
- Student Startup Develops Date-rape Detector
- Job Market Shifts Complicate Yellen's Rate Decision
- Dems Losing Fear of Obamacare
- Chinese Coal Gas Boom Poses Climate Risks
- Deere Announces New Round of Layoffs