At the board meeting last night, Monday, 15 October 2012, the Board of Betting Promotion Sweden AB (publ) decided to apply for listing on NASDAQ OMX First North Sweden, which is part of a planned listing change from NGM Equity to NASDAQ OMX First North Sweden during December 2012. The Company will continuously disclose additional information via press releases during the process regarding the proposed list change.
Reasons for the proposed list change
The Board of Betting Promotion Sweden AB (publ) is planning to implement a listing change from the regulated market NGM Equity to NASDAQ OMX First North Sweden, a MTF (Multilateral Trading Facility). The requirements and regulations are less of an MTF than a regulated market and with consideration of Betting Promotion's current size and business the Board predicts that Nasdaq OMX First North Sweden offers a suitable level in this context. This will enable Betting Promotion to optimize their resources with increased focus on its core activities to promote a positive development both for Betting Promotion and the company's shareholders.
Certified Advisor appointed
Provided that the list change is implemented as planned, Betting Promotion appointed Sedermera Fondkommission AB as Certified Advisor in the listing process.
Malmö October 16 2012
For further information, please contact:
Greg Dingizian, Chairman Betting Promotion Sweden AB.
Tel +46 40 10 53 50