Railway Metrics and Dynamics Sweden AB has received conditional approval for listing on the Nordic Growth Market
Railway Metrics and Dynamics Sweden AB ("RMD") has received conditional approval for listing on the Nordic SME segment of the Nordic Growth Market, Stockholm ("NGM"). The first trading day on NGM is scheduled for May 31, 2024. This means that RMD is switching marketplaces from the Spotlight Stock Market.
The decision is conditional on RMD meeting the formal listing requirements and that no new information emerges that affects the company's compliance with these requirements.
In light of the conditional approval, the last trading day on the Spotlight Stock Market is planned to be Thursday, May 30, 2024. The first trading day on RMD SME is expected to be Friday, May 31, 2024.
Shareholders in RMD will not need to take any action in connection with the change of marketplace.
North Point Securities is advising RMD on the listing transfer.
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.