Net Trading Group NTG AB (publ.) and potential Reverse Takeover
With reference to earlier Press Release of 19[th] of May, NTG informed that the Company would try to find suitable business/company for a “reverse takeover”. This in order to avoid a liquidation and de-listing of NTG AB. The parties, NTG and the target company, agreed to enter into a LOI (letter of intent) before June 15, and later finalize the agreement in both companies conditioned upon the approval from the extraordinary general meeting. Due to the latest days inexplicable rising in NTG`s stock price on the NGM-stock exchange, the parties have today decided to postpone the reverse