Frill Holding AB approved for listing on Nasdaq First North, Stockholm
STOCKHOLM, Friday, March 22, 2019, 18:00 CET
Nasdaq has today, March 22, 2019, approved Frill Holding AB (publ) ("Frill" or "the Company") for listing on Nasdaq First North. The approval is subject to the fulfilment of customary requirements. First day of trading in Frill's shares is planned to commence on March 27, 2019, under the ticker symbol "FRILL B".
The floating of the company’s shares on the Nasdaq First North stock exchange market will create a robust platform for continued growth and business development. It will enable Frill to pursue opportunities in order to strengthen the business and to secure the ability to grow in the face of increasing customer demand. The listing also reflects the maturity of the company as a business that is ready to grow on the global arena.
Dr. Khosro Ezaz-Nikpay, CEO, comments: “The listing on Nasdaq First North marks an important milestone in Frill’s development. As a small company, retailers’ trust in you grows significantly, when you are a listed company. Also, many of our consumers will be thrilled to be able to become shareholders and see the company succeed with every scoop.”
Mats Lindstrand, Frill’s Chairman comments: “I am looking forward to this exciting, and innovative company growing its presence in the Swedish, USA and UK markets and beyond over the coming years. I am equally excited to see the technology platform create new healthy categories in the frozen food segment.”
About Frill Holding AB
Frill is an innovative company that has developed a unique technology platform for frozen foods with its first products being Frill The Frozen Smoothie, a genuinely healthy ice-cream made with whole fruit and vegetable and Add ice-cream, a healthy functional ice cream that delivers functional benefits such as protein or vitamins. Frill creates healthy nutrition alternatives based on scientific evidence and delivers to consumers affordable healthy nutrition and insight. The technology developed by Frill allows the creation of creamy textures for a frozen dessert, without the need for fat or high sugar and thus can be applied to products made entirely from fruit and vegetable, creating better mouthfeel and shelf-stability.
The Frill Holding Group is comprised of four companies: Frill Holding AB, Add Nutrition AB, Zendegii Frill Ltd., and Frill Inc. The brands are established in Sweden (Frill, Add), UK (Frill) and USA (Frill).
Pareto securities acts as liquidity provider. Törngren Magnell acted as legal advisors.
FNCA Sweden AB, +46(0)8-528 00 399 , info@fnca.se, is the Company's Certified Adviser and Pareto Securities is appointed liquidity provider.
Press Enquiries
For further information please visit: www.Frillholding.com or contact Dr. Khosro Ezaz-Nikpay (CEO, Frill) at khosro.nikpay@frill.eu
Company description
In connection to the listing of the Company's shares on Nasdaq First North the Company has prepared a company description which as of today is available on Frill’s website, www.Frillholding.com.