Cognosec AB invites to a Company presentation on Wednesday September 21, in connection with the listing on Nasdaq First North in Stockholm.
Cognosec AB (publ) ("Cognosec" or the "Company"), a leading Cyber Security Group and supplier of diversified solutions in Cyber Security, with operations in Europe, Africa and the Middle East, on 15 September approved by the Nasdaq First North for listing, invites to a Company presentation in cooperation with Financial Herring and Mangold Fondkommission on Wednesday 21 September at 12:00 at Operaterrassen in Stockholm. Please register on http://www.financialhearings.com.
Cognosec is presented by Kobus Paulsen, Chairman of the Board, Daniel Holden, CFO and Magnus Stuart, Director of the Board.
Trading in Cognosec shares will commence on Thursday 22 September.
Background and rationale for the listing
Cognosec experiences solid sales development and the Company is in negotiations regarding several new contracts within the areas of Managed Cyber Security Services, Penetration Testing and Intrusion Prevention Services amongst others. In addition, the Company has identified several acquisition opportunities that could strengthen the offering further. Therefore, the Board believes that Cognosec is now ready to list the Company's shares on Nasdaq First North. For the purpose of preparing the Company and to apply for the listing, Cognosec has prepared a company description that has been approved by Nasdaq First North, which as of today is available on Cognosec website, www.cognosec.se.
A listing of the Company's shares on Nasdaq First North increases the visibility, which is expected to increase the interest in the Company and its products and services. A listing will also increase the company's transparency, which builds credibility and brand among key audiences such as existing and potential customers and key employees. A listing also provides improved access to the capital markets and the ability to use the company's shares as payment in acquisitions. Lastly, a listing on Nasdaq First North creates conditions for liquid trading of the Company's shares.
Advisors
Danske Bank has acted as financial advisor to the Company in connection with the compilation of the Company Description. The law firm Hammarskiöld & Co has acted as legal advisor to the Company in connection with the listing in respect of Swedish law. Fogel & Partners is acting as strategic communications advisor to the Company.
Certified Adviser:
Mangold Fondkommission AB is the Company’s Certified Adviser.
Telephone: +46 (0)8 5030 1550
E-mail: info@mangold.se
FOR MORE INFORMATION, PLEASE CONTACT:
Magnus Stuart
IR-contact, Cognosec AB
Email: magnus.stuart@cognosec.com
ABOUT COGNOSEC
Cognosec AB (publ) is engaged in Cyber Security solutions and conducts its operations through the Swedish parent company and through subsidiaries in South Africa, UK, Kenya, and the United Arab Emirates. The Group delivers services and technology licences to enhance clients’ protection against unwanted intrusion and to prevent various forma of information theft. The parent company is domiciled in Stockholm, Sweden. Cognosec employs 110 people and had revenues of EUR 16.8 million in 2015. Visit www.cognosec.se for more information.