#24-84 FastOut Int. AB receives observation status

FastOut Int. AB ("the Company"), whose shares are listed on Nordic SME, published a press release on August 30, that the Company has received a cash offer from a PropTech company for the subsidiary FastOut AB where the entire operational business is conducted.

According to the Rules for issuers whose shares are listed on Nordic SME (“the Rulebook”), a company's shares can be placed under observation if the Company is planning, or has undergone, such a significant change of operations or organization that the Company can be perceived as being a new enterprise.

With reference to the situation 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: Fastout Int
Exchange symbol: FOUT
ISIN-code: SE0007525738
FISN-code: FASTOUT/SH
CFI-code: ESVUFR
Instrument-ID: 413P
Market-ID: NSME
Segment-ID: NSSE
 

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