Electrolux Professional has applied for delisting of Electrolux Professional’s series A shares
Electrolux Professional has, in line with what has been previously announced in a press release on May 6, 2020, applied for delisting of the company’s series A shares from Nasdaq Stockholm due to an insufficient liquidity in the series A share resulting in a dysfunctional pricing.According to the statement from the Swedish Securities Council (AMN 2020:19), Electrolux Professional has received confirmation from Nasdaq that the listing requirements of Electrolux Professional’s series A shares are still not met. Holders of Electrolux Professional’s series A shares can, in accordance with §