Railway Metrics and Dynamics Sweden AB applies for listing transfer to NGM

The Board of Directors of Railway Metrics and Dynamics Sweden AB ("RMD" or "the Company") has conducted a thorough evaluation of various marketplaces, resulting in the decision to apply for listing on the Nordic SME segment of the Nordic Growth Market ("NGM"). The goal is to complete the listing transfer before the end of the first half of 2024.

RMD's shares have been listed on the Spotlight Stock Market since 2022. The Company's board and management have undertaken the necessary work to prepare the Company for a switch of listing to NGM. The proposed change is intended to be completed before the first half of 2024.

The rationale behind the evaluation includes NGM's cost advantages and technical infrastructure, which, according to CEO Jan Lindqvist, positions NGM as a long-term partner for RMD, aiming to streamline operations and enhance communication with investors.

Existing shareholders in RMD are not expected to be affected by the switch, but the Company may become more visible in communication with both current shareholders and new investors.

For more information, please contact:

Jan Lindqvist, CEO
Phone: +46 (0)70-587 76 26
Email: jan.lindqvist@railwaymetrics.com

Railway Metrics and Dynamics is a Swedish technology company founded in 2011. The company develops and delivers a comprehensive system platform for real-time management and monitoring of physical assets. The platform is based on patented sensor technology, advanced algorithms, Machine Learning, and AI. The company targets all markets, with a focus on trains and railway infrastructure. Its market is global, and it has its headquarters in Stockholm.