Aspiro applies for delisting from Nasdaq Stockholm
The board of directors of Aspiro AB (publ) (“Aspiro”) has decided to apply for delisting of the Aspiro shares from Nasdaq Stockholm. The last day of trading in the shares on Nasdaq Stockholm will be notified when Aspiro has been informed thereof by Nasdaq Stockholm.
On 30 January 2015, Project Panther Bidco Ltd (“Panther”) announced a public offer (the “Offer”) to the shareholders of Aspiro to tender all shares in Aspiro. On 16 March 2015, Panther announced that Panther held 420,699,016 shares, corresponding to approximately 95.18% of the shares and votes in Aspiro.
Panther has thereafter requested that Aspiro’s board of directors applies for the delisting of the company’s shares from Nasdaq Stockholm. Such an application has today been made to Nasdaq Stockholm.
Panther has also requested a compulsory acquisition of the remaining shares pursuant to Chapter 22 of the Swedish Companies Act.
Based on the above, the board of directors of Aspiro has decided to apply for delisting of Aspiro’s shares from Nasdaq Stockholm. The last day of trading in the shares will be announced as soon as Aspiro has been informed thereof by Nasdaq Stockholm.
Malmö, 16 March 2015
The board of directors of Aspiro AB (publ)
Aspiro AB discloses the information provided herein pursuant to the Financial Instruments Trading Act and/or the Securities Markets Act and the Takeover Rules. The information was submitted for publication at 4:00 pm CET on 16 March 2015.
For questions, please contact: Trond Berger, Chairman of the Board, Phone number +47 23 10 66 95, E-mail email@example.com
Aspiro in Brief
Aspiro is a media technology company on the forefront in the ongoing redefinition of music consumption. Through its subscription service WiMP, the company offers a complete music experience with HiFi quality audio, HD-video and curated editorial. In parallel, Aspiro is a content provider to the online media industry through RADR, helping its partners to attract and retain visitors on their web sites. For more information, please visit www.aspiro.com