Nexam Chemical resume preparations for an application for listing on NASDAQ Stockholm
Nexam Chemical resume the preparations for changing trading venue for the company´s shares from NASDAQ First North to NASDAQ Stockholm Small Cap. The ambition is that within twelve months submit an application for change of trading venue to NASDAQ Stockholm.
“Considering that Nexam Chemical is in a phase of commercialization, with planned growth and expansion, the Board of Directors and the management assess that it is the right time to continue the efforts to change trading venue. A future listing on the main market will gain broader access to the capital market as many more institutions will have the opportunity to invest in the company. This will create a solid foundation for continued growth”, says Nexam Chemicals CEO Anders Spetz.
Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.
For further information please contact:
Anders Spetz, CEO, +46-703 47 97 00, anders.spetz@nexamchemical.com
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About Nexam Chemical
Nexam Chemical develops technology and products that make it possible to significantly improve the production process and properties of most types of plastics in a cost-effective manner and with retained production technology. The improved properties include strength, toughness, temperature and chemical resistance as well as service life. The improvements in properties that can be achieved by using Nexam Chemical's technology make it possible to replace metals and other heavier or more expensive materials with plastics in a number of applications. In applications where plastic is already used, Nexam Chemicals products can improve the manufacturing process, reducing material use and enable more environmental friendly alternatives. Example of commercial applications: pipe manufacturing, foam production and high-performance plastics. More information about the business will be found on www.nexamchemical.com. The company´s Certified Adviser is Remium Nordic AB.
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