Cavotec MSL mandates review of possible secondary listing on Nasdaq OMX First North stock exchange
Cavotec MSL Holdings Ltd, (NZX: CCC), is pleased to announce that its Board of Directors has granted a mandate to Sweden’s Handelsbanken to explore the possibilities surrounding a secondary listing on the Nasdaq OMX First North stock exchange (OMX). The application is subject to the normal approval process of OMX and is at the discretion of OMX.Cavotec considers a secondary listing as an important step to further broadening its shareholder base internationally, and to provide additional ways of maximising shareholder value. “Lower liquidity on the NZX, coupled with falls in overall