IR Holding Bidco Inc. requests compulsory buy-out and IRRAS applies for delisting

IR Holding Bidco Inc. (”IR Holding”), which holds more than 90 per cent of the shares and votes in IRRAS AB (publ) (“IRRAS”), has requested that a compulsory buy-out of the remaining shares in IRRAS be initiated.

Against the above background, the Board of Directors of IRRAS has decided to apply for delisting of IRRAS’ shares from Nasdaq Stockholm. The last day of trading in the share will be announced after IRRAS has submitted the application and received a decision from Nasdaq Stockholm.

The Board of Directors of IRRAS has furthermore, at the request of IR Holding, decided to convene an Extraordinary General Meeting to be held on 13 November 2023 for resolutions on, inter alia, election of new members of the Board of Directors. The notice will be published through a separate press release.

For more information, please contact:

Will Martin

CEO

ir@irras.com
 

Further information about IRRAS AB is available at www.irras.com.

This disclosure contains information that IRRAS is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 2023-10-19 [08:30] CET.