Marketplace Announcement
First North 20/2009
NanoCover A/S - removal of shares from trading on First North
With effect from 5 January 2010 the shares in NanoCover A/S will be removed
from trading on First North. Thus, last day of trading is 4 Januar 2010.
The shares in NanoCover A/S will be removed from trading due to the fact that
the exchange has found that the company did not qualify to be admitted to
trading on First North, cf. 7.2.2 (a) in the First North Rulebook. This is due
to the facts that:
•the company has no activities and has not had any for more than a year,
•during almost two years there has been considerable uncertainty about the
company's financial situation and activities, including uncertainty about the
company's plans for the future
•the company has not within these two years taken concrete actions to respond
to this uncertainty, including adding new activities in the company,
•the company has no employees and therefore not an organization that is able to
meet the obligations on First North, and
•the company has repeatedly violated the disclosure requirements in the past
year, which also indicates that the company does not have focus on and use
resources to live up to being a company that is admitted to trading.
Overall it is the Exchange's assessment that the deletion of the company's
shares without request from the company may take place without this being of
significant harm to the investors' interests or the market function.
Name:NANO
ISIN:DK0060043859
Number of shares: 37,822,176 shares each bearing a face value of DKK 0.10
The complete decision is available in Decisions & Statements on the following
link:
http://www.omxnordicexchange.com/companiesandissuers/surveillance/surveillanceco
penhagen/?languageId=1
For further information, please contact: Pernille Burkal, Surveillance, tel. 33
93 33 66
