#23-05 Crown Energy AB receives observation status

Crown Energy AB ("the Company"), whose shares are listed on Main Regulated, published a press release on January 10, declaring that the Company has entered a letter of intent to acquire 85 percent of a company group within the medtech sector.

According to the Rules for issuers whose financial instruments are admitted to trading on Main Regulated (“the Rulebook”), a company's shares can be placed under observation if the Issuer has been subject to a reverse acquisition or is otherwise planning, or has undergone, such a significant change of operations or organization that the Issuer is perceived as being a new enterprise.

With reference to situation the above, Nordic Growth Market NGM AB (“NGM”) has decided to place the shares in the Company under observation with immediate effect. The observation status applies until further notice.

Information regarding affected instrument:
Listing name: Crown Energy AB
Exchange symbol: CRWN
ISIN-code: SE00042108
FISN-code: CROWNENERG/SH
CFI-code: ESVUFR
Instrument-ID: 1DHN
Market-ID: XNGM
Segment-ID: EQST

For more information about this Market Notice, please contact us by e-mail, marketsurveillance@ngm.se or telephone, +46 8 566 390 55.
 

NGM Market Notice Pressroom
https://news.cision.com/ngm-market-notice