Viking Supply Ship's shares will be listed on Nasdaq First North Growth Market on 15 December 2022
Viking Supply Ships AB ("Viking Supply Ships" or the "Company") has applied and received approval for admission to trading of the Company's shares on Nasdaq First North Growth Market. The first day of trading on Nasdaq First North Growth Market will be 15 December 2022. The company description prepared in connection with the change of listing venue is available on the Company's website, www.vikingsupply.com.
On September 21, 2022, Viking Supply Ships announced that the Company's board has resolved to initiate a process to change the trading venue for the Company's shares from Nasdaq Stockholm to Nasdaq First North Growth Market. As communicated on 11 November 2022 and 15 November 2022, respectively, Viking Supply Ships has applied for delisting of its shares from Nasdaq Stockholm and Nasdaq Stockholm has approved the application for delisting subject to the condition that Viking Supply Ships application for admission to trading on Nasdaq First North Growth Market is approved The Company’s application for admission to trading on Nasdaq First North Growth Market has now been approved. The last day of trading of the Company's shares on Nasdaq Stockholm will be 14 December 2022 and the first day of trading of the Company's shares on Nasdaq First North Growth Market will be to 15 December 2022.
Shareholders in Viking Supply Ships will not have to take any actions in connection with the change of listing venue.
The board of directors believes that Nasdaq First North Growth Market is a more suitable trading venue for the Company considering the Company's strategy and concentrated shareholder base, and that a listing of the Company's shares on Nasdaq First North Growth Market will entail lower costs for compliance with ongoing obligations due to lower regulatory requirements, which will further support the Company’s development and profitability.
The Company has prepared a company description in connection with the application for admission to trading on Nasdaq First North Growth Market. The Company description does not constitute a prospectus, has not been approved by the Swedish Financial Supervisory Authority and does not contain any offer to subscribe for shares or other financial instruments in Sweden or in any other jurisdiction. The Company description is available on the Company's website, www.vikingsupply.com.
Advisors
Arctic Securities is advisor to the Company in connection with the planned list change. Gernandt & Danielsson Advokatbyrå is the Company's legal advisor in connection with the planned list change.