Market making agreement for EAB Group Plc's B series share starts on Nasdaq First North Finland
EAB Group Plc, Company Announcement, 4 June 2018, 5:00 p.m. (EET)
Market making agreement for EAB Group Plc's B series share starts on Nasdaq First North Finland
EAB Group Plc ("Company") has made a market making agreement for the Company's B series share with Lago Kapital Ltd. The agreement and liquidity providing in accordance with the agreement will start on 5 June 2018.
According to the agreement, Lago Kapital Ltd will provide the Company's B series share with bids and offers so that the maximum spread is 4 per cent. The spread is calculated from the bid quotation. Both bid and offer side include shares with the value of the shares being at least 4,000 euros. Lago Kapital Ltd undertakes to submit bids and offers for the Company's share on the First North Finland market maintained by NASDAQ Helsinki Oy (Helsinki Stock Exchanges) on each trading day for at least 85 per cent of the time of continuous trading under normal market conditions. The agreement is in force for a fixed period of 6 months and thereafter until terminated by either party following one months of notice of termination.
The market making agreement aims to increase the share's liquidity and decrease the share price volatility thus facilitate trading for especially private investors.
EAB GROUP PLC
Board of Directors
Further information:
EAB Group Plc
Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@eabgroup.fi
Kari Juurakko, Chairman of the Board
+358 50 582 7411
kari.juurakko@eabgroup.fi
Certified Advisor Merasco Oy
Telephone: +358 9 6129 670
EAB Group Plc is a profitable and growing investment service company offering versatile and high-quality asset management services for both consumer clients and professional investors. EAB Group Plc is listed on the First North Finland market maintained by NASDAQ Helsinki Oy (Helsinki Stock Exchanges). EAB Group Plc is the parent company of EAB Group. The Groups' customer base consists of individuals and corporations that are served nationwide in 17 different offices. The Group employs more than 100 investment professionals, and over 25 tied agents provide its services. On behalf of its clients, the Group manages assets of approximately EUR 3 billion in total. Check out EAB Group's services at www.eabgroup.fi.
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www.eabgroup.fi