EAB Group Plc’s listing application approved and amendments to the Articles of Association will be registered
EAB Group Plc, Stock Exchange Release, 26 April 2019, 3:00 p.m. (EET)
EAB Group Plc’s listing application approved and amendments to the Articles of Association will be registered
Nasdaq Helsinki Ltd (the "Helsinki Stock Exchange") has approved the listing application of EAB Group Plc (the “Company”) today on 26 April 2019. Trading in the Company's shares on the official list of the Helsinki Stock Exchange will commence on 2 May 2019 with a trading code EAB. The Company will transfer to the official list from the Nasdaq First North Finland marketplace.
The Company’s Annual General Meeting decided on 5 April 2019 to amend the Articles of Association in such a way that the amendments will enter into force and they will be registered once the Company’s application to transfer to the official list of the Helsinki Stock Exchange has been approved by the Listing Committee of Helsinki Stock Exchange.
The new Articles of Association will be registered in the Trade Register approximately on 30 April 2019. At the same time with the registration of the new Articles of Association, the share series A and B will be combined with a conversion ratio of 1:1, after which the Company will only have one share series and all shares will carry equal rights. In addition, the redemption and consent clauses as well as the article concerning minority dividend will be removed from the Articles of Association. The combination of share series will be carried out in the book-entry system before trading on the official list will commence on 2 May 2019. The combination will require no actions from the shareholders. After the combination, the ISIN code of the shares is the same as the current ISIN code of B shares, FI4000157441.
Due to the registration of the amendment to the Articles of Association, the number of shares will remain the same, but the number of votes will change. After the amendment to the Articles of Association, the Company will have 13 843 272 shares and votes.
EAB GROUP PLC
Board of Directors
Further information:
EAB Group Plc
Daniel Pasternack, CEO
6
Kari Juurakko, Chairman of the Board
1
Certified Advisor Oaklins Merasco Ltd
Telephone:
EAB Group offers versatile and high-quality asset management services for private investors, institutions and professional investors. The Group’s parent company EAB Group Plc is listed on the First North Finland market maintained by Nasdaq Helsinki Oy (Helsinki Stock Exchanges). EAB Group uses the name Elite Alfred Berg as its marketing name. The Group companies include EAB Asset Management Ltd offering asset management activities, and EAB Fund Management Ltd acting as a fund company and authorised alternative investment fund manager. The Groups’ customer base consists of individuals and corporations that are served nationwide in 14 different locations. The Group employs more than 100 investment professionals, and over 25 tied agents provide its services. On behalf of its clients, the Group manages assets of over EUR 3 billion in total. Check out EAB Group’s services at
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Nasdaq Helsinki Oy
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