Eagle Filters Group Oyj applies for delisting (regarding the secondary listing) of its shares from Nasdaq First North Growth Market Sweden
Eagle Filters Group Oyj
Company announcement
29.3.2023, 15:00 (EET)
Eagle Filters Group Oyj´s shares will be traded solely on Nasdaq First North Growth Market Finland under the trading code: EAGLE (ISIN code: FI4000092523)
Eagle Filters Group Oyj (“the Company”) has applied for delisting of its shares from Nasdaq First North Growth Market Sweden (“Nasdaq FN GM Sweden”). When adopting the decision on applying for the delisting, the Board of Directors considered the development of trading since the company listed its shares on Nasdaq FN GM Sweden in 2016, noting the low level of trading volumes as well as the small number of current shareholders holding their shares through Euroclear Sweden AB. The Company has also considered the additional costs related to maintaining this secondary listing for a company of its size as well as the administrative burden of complying with the listing rules of another market in addition to its home market in Finland.
The Company wants to remind its shareholders holding their shares through Euroclear Sweden AB that even while the listing of Eagle Filters Group´s shares on Nasdaq FN GM Sweden will be discontinued, such shareholders can continue trading in Eagle Filters Group’ shares on Nasdaq First North Growth Market Finland by first arranging for the cross-border settlement of their shares into the book-entry system maintained by Euroclear Finland Oy. In order to effectuate such cross-border settlement, the shareholders should contact their respective custodian or Eagle Filters Group´s Issuing Agent Aqurat Fondkommission AB (info@aqurat.se) for more information.
The last day of trading on Nasdaq FN GM Sweden is expected to be 12 May 2023. More information about the delisting will be provided once Nasdaq Sweden has decided on the application.
For more information:
Jarkko Joki-Tokola, CEO, Eagle Filters Group Oyj. jarkko@eaglefilters.com
Erik Penser Bank AB, Certified Adviser, certifiedadviser@penser.se
About Eagle Filters Group Oyj
Eagle Filters Group is a material science company that aims to enable a green and healthy environment.
Eagle provides high performance filtration solutions that cut CO2 emissions and increase profitability of the energy industry. Eagle’s technology improves performance and energy efficiency while cutting costs. The technology is being used by some of the world’s largest energy utilities.
The company group is listed on First North Growth Market Finland under the ticker EAGLE and on First North Growth Market Stockholm under the ticker EAGLES.
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