Changed first day of trading on Nasdaq First North Premier
Magnolia Bostad has applied and been approved for listing on Nasdaq First North Premier. A decision has been made to move the first day of trading so that the information in the annual report for 2016 is available.
The Annual Report for 2016 is published on 30 March 2017. First day of trading on Nasdaq First North Premier is therefore on 31 March 2017.
Companies listed on the Premier segment applies largely the same regulations as the Nasdaq Stockholm's main list, which means that Magnolia Bostad in the future will follow more extensive regulations. In the Premier segment it is also a recommended to follow the Swedish Corporate Governance Code, which Magnolia Bostad since January 2017 do.
The Company's shares will be traded under the same ticker (MAG) and ISIN (SE0007074505) as before.
The listing on Nasdaq First North Premier is a natural step in Magnolia Bostads plan on listing its shares on the Nasdaq Stockholm main market during 2017.
For more information, please contact:
Fredrik Lidjan, CEO
+46 70 223 43 47, fredrik.lidjan@magnoliabostad.se
Mikaela Senator, IR Manager
+46 70 775 57 57, mikaela.senator@magnoliabostad.se
The information in this press release is such information that Magnolia Bostad is required to reveal according to the European Union’s market abuse regulation, (EU) No 596/2014. The information was published through the above mentioned contact person on March 16, 2017 at 2:15 pm
Magnolia Bostad develops efficient, attractive and functional residential properties, including rental apartments, tenant-owned apartments and hotels, in attractive locations primarily in Sweden’s growth areas. Our work is based on a holistic approach where the operations are conducted in a manner that promotes long-term, sustainable urban development. Magnolia Bostad's share (MAG) is listed on Nasdaq First North. Erik Penser Bank is the Certified Adviser for the Company. More information is available at www.magnoliabostad.se
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