Nuevolution approved for listing on Nasdaq Stockholm

Stockholm, 14 June 2018. Nasdaq Stockholm’s listing committee has approved that Nuevolution AB (publ)’s (Nuevolution”) shares are admitted to trading on Nasdaq Stockholm’s main market. The approval is subject to customary conditions, including the approval and registration of a prospectus by the Swedish Financial Supervisory Authority. Last day of trading on Nasdaq First North Premier is expected to be Thursday 21 June and first day of trading on Nasdaq Stockholm is expected to be Monday 25 June 2018.

The shares will be traded in the Small Cap segment under the same ticker (NUE) and with the same ISIN code (SE0007730650). No new shares will be issued in connection with the listing. Shareholders of Nuevolution do not need to take any action in connection with the delisting from Nasdaq First North Premier or the listing on Nasdaq Stockholm.

“Since our IPO on First North Premier in December 2015, we have realized several milestones from existing partnerships, we have entered two new and major partnership agreements with Amgen and Almirall, we have built the world largest screening collection of synthetic molecules for drug discovery of tablet-based medicines, we have matured our pipeline to be closer to clinical development than ever, and we have broadened the shareholder base. With this step of listing on the main market, we hope to stimulate further interest from institutional as well as international investors for investing in Nuevolution AB (publ). All of this would not have been possible without the strong and loyal support that we see from our investors. Thank you!”, said Alex Haahr Gouliaev, Chief Executive Officer.                 

Prospectus 

Nuevolution has prepared a prospectus in connection with the admission to trading of the company’s shares on Nasdaq Stockholm. The prospectus is expected to be approved by the Swedish Financial Supervisory Authority and published on the company’s website on or about 20 June 2018.

Advisors

In connection with the listing on Nasdaq Stockholm, Carnegie Investment Bank has acted financial advisor, and Advokatfirman Vinge has acted legal advisor.

For further information, please contact:

Alex Haahr Gouliaev, CEO
Phone: +45 7020 0987       
E-mail:
ahg@nuevolution.com  

Henrik D. Simonsen, CFO  
Phone: +
45 3913 0947       
E-mail:
hs@nuevolution.com           

This is information that Nuevolution AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact persons set out above, on 16.30 CET on 14 June 2018.   

About Nuevolution AB (publ)

Nuevolution AB (publ) is a leading small molecule drug discovery biotech company founded in 2001, and headquartered in Copenhagen, Denmark. Nuevolution partners its discovery platform and programs with pharmaceutical and biotechnology companies to seek future benefit of patients in need of novel medical treatment option. Nuevolution’s internal programs are focused on therapeutically important targets within inflammation, oncology and immuno-oncology.

Nuevolution AB (publ) is listed at Nasdaq First North in Stockholm, Sweden (ticker: NUE). Redeye AB acts as Certified Advisor to Nuevolution AB (publ). More information about Nuevolution can be found on: www.nuevolution.com. 

About Us

Nuevolution is a biotechnology company with a unique business model, where continuous revenue generation and risk mitigation represent primary objectives. This strategy is executed by a “multiple shots at goal” approach in combination with reduced research costs, where simultaneous development of multiple programs in parallel is made possible. Nuevolution is the inventor of Chemetics®. Chemetics® is a patent protected drug discovery research platform, which enables identification of small molecule (tablet based) drug candidates much more effectively and at lower cost than what is possible by other conventional methods. Nuevolution applies its research platform for the identification and development of its own pipeline of drug candidates for treatment of cancer and chronic inflammatory diseases Nuevolution applies a business model that is unique for a biotechnology company with a primary focus on revenue generation and risk minimization (i.e. lower cost development) by having a number of programs developed in parallel. Nuevolution is the inventor of Chemetics® , a patent protected drug discovery platform which enables efficient discovery of novel chemical small molecule leads for specific indications addressing disease targets within the company’s therapeutic focus areas

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