Misen Energy AB (publ) changes liquidity provider and Certified Adviser to Carnegie Investment Bank AB (publ)
Misen Energy AB (publ) announces today that it is changing liquidity provider and Certified Adviser from Erik Penser Bank AB to Carnegie Investment Bank AB (publ).
Misen Energy AB (publ) has terminated the assignment regarding liquidity guarantee with Erik Penser Bank AB and has appointed Carnegie Investment Bank AB (publ) as the new liquidity provider for the company's shares that are listed on the Nasdaq First North Growth Market in Stockholm. The change of liquidity provider is in accordance with Nasdaq Stockholm's regulations regarding liquidity providers.
In its role as liquidity provider, Carnegie must continuously set a price for Misen Energy AB (publ) in accordance with the minimum requirements for liquidity providers applicable at any time that follow from Nasdaq Stockholm's regulations. The purpose is to improve the share's liquidity and to reduce the difference (spread) between the purchase and sale price that exists on the market.
Carnegie's assignment as liquidity provider begins on 30 November 2023.
Misen Energy AB (publ) has also entered into an agreement with Carnegie Investment Bank AB (publ) regarding the service as Certified Adviser. Carnegie Investment Bank AB (publ) will take over as Certified Adviser on 30 November 2023. Until then, Erik Penser Bank AB will continue as Certified Adviser for the company.
For further information, please contact:
Göran Wolff, MD
Direct line: +46 31 759 50 72
Mobile: +46 709 45 48 48
E-mail: goran@misenenergy.se
info@misenenergy.se
The company was founded in 2004 and its shares have been traded on Nasdaq First North Growth Market since June 2007. In 2011, Misen Energy AB (publ) acquired Misen Enterprises AB and its Ukrainian subsidiary, LLC Karpatygaz, including the rights to 50.01% of the revenue and profit from a gas production project in Ukraine. Misen Energy AB (publ) acquired the rights to produce hydrocarbons under Joint Activity Agreement No.3 (“JAA No.3“) between Misen Enterprises AB and LLC Karpatygaz (together 50.01%) and JSC Ukrgasvydobuvannya (49.99%), a subsidiary of the NJSC Naftogaz of Ukraine. The purpose of the JAA No.3 was to significantly increase production of hydrocarbons by providing modern technologies via a large-scale investment program for the purposes of attainment of profits.
The JAA No.3 (as amended and restated) was terminated in June 2018. As a result, Misen Energy AB (publ) received compensation that reflected its share of the replacement costs of the equipment subject to the joint ownership under the JAA No.3. In March 2021, Misen Energy AB (publ) and Misen Enterprises AB initiated an investment arbitration against Ukraine (ICSID Case No. ARB/21/15) concerning Ukraine‘s breaches of the investor‘s rights resulting from the imposition of a 70% subsoil use charge.
The registered office of Misen Energy AB (publ) is in Stockholm. Misen Energy AB (publ) is listed on Nasdaq First North Growth Market and the Company adheres to the rules and regulations for First North. The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).
For further information, please visit our website www.misenenergy.se.