Teligent AB (publ) takes measures to ensure liquidity in the company's shares
Teligent AB (publ) takes measures to ensure liquidity in the company's shares With the aim of serving the interests of current and future shareholders, Teligent's board of directors has resolved to take two parallel measures to improve the liquidity of the company's shares, which are listed on the Stockholm Stock Exchange's O List. The goal is to decrease the difference between the bid and asked price, and also to generally encourage a continuous trading in the share. Carnegie has been appointed Market Maker within the framework of the Stockholm Stock Exchange's initiative. The obligation to post bid and asked prices in the order book will commence from and beginning 17 June 2003. Trading without brokerage commission in the Teligent share will be offered via Nordnet from and beginning 17 June 2003. Current and future shareholders who wish to trade shares without brokerage commission can register on www.nordnet.se. Both of these measures will be in place until the end of the year. Later during the year the board will assess whether to extend these measures into 2004. For further information, please contact: Lars Alm Fredrik Backlund CFO, Teligent AB Corporate Communications, Teligent AB Tel. +46-8 520 660 16 Tel. +46-8 520 660 03 lars.alm@teligent.se fredrik.backlund@teligent.se Contact person Carnegie Tony Elofsson, tel. +46-8 676 86 61 Contact person Nordnet Jessica Gertun, tel. +46-8 506 330 30 About Teligent Teligent develops, markets and sells advanced value added services for telecommunications networks. The services and applications provided by the company are based on the generic service development platform, the Teligent P90/E. Teligent's solutions are currently utilised by leading telecom operators, for example AT&Wireless, BT, Cingular, Maroc Telecom, T-mobile USA, Telefónica, Tele2, Telia and members of the Vodafone group. Teligent was founded in 1990 and has been listed on the Stockholmsbörsen (Stockholm Stock Exchange) since 1999. The company's head offices are situated in Nynäshamn. Outside Sweden, there are wholly owed subsidiaries located in France, Germany, the Middle East, Spain, the UK and the USA (under the trademark Nabla Communications Inc.). Teligent has approximately 230 employees and in 2002 generated an income of SEK 250,000,000. For further information, please visit www.teligent.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/17/20030617BIT00410/wkr0001.pdf