The Marketing Group Plc. announces Nasdaq’s resolution to de-list the Company’s shares from Nasdaq First North
LONDON: 05 April 2019 – The Marketing Group Plc. (the “Company”, “TMG” or the “Group”), which trades as RYVL, announces that the Nasdaq Stockholm (“Nasdaq”) has declared to de-list the Company’s shares from Nasdaq First North as of today on April 5, 2019.
De-listing from Nasdaq First North
On March 17, 2019 the Company announced that Nasdaq has initiated an investigation of the Company regarding whether the Company’s operations are considered to have changed substantially, a so-called “change of identity” under Section 2.6 of Nasdaq First North Nordic Rulebook of January 1, 2019 (the “Rulebook”). Thus, Nasdaq has requested the Company to file a new application for admission to trading on Nasdaq First North on April 1, 2019, at the latest or otherwise Nasdaq may resolve to de-list the shares of TMG from Nasdaq First North.
Further and as previously announced on April 1, 2019 the Board of Directors of TMG has resolved not to file a new application with Nasdaq. Consequently, Nasdaq will resolve to de-list the shares of TMG from Nasdaq First North.
Today on April 5, 2019 Nasdaq has resolved to de-list TMG’s shares with immediate effect.
Nasdaq’s resolution is available on Nasdaq’s website with below address:
Information to current shareholders
Please note that shareholders will remain as shareholders in the Company after de-listing of the shares. For further information of what happens to shareholders' shares after de-listing, please contact your depositary bank or trustee.
Shareholders will shortly be convened to an extraordinary general meeting at which further information about the Company’s future strategy will be presented and discussed.
The Company intends to investigate alternate arrangements to accommodate trading in the Company’s shares, for example on an OTC trading platform, until the Company’s shares have been re-listed on a suitable listing venue.
The Company will hereafter communicate with its shareholders via its website www.ryvl.com.
RYVL is the operating name of The Marketing Group Plc. (https://ryvl.com/)
RYVL is a global network of complementary marketing businesses. It is building a lean and technology centric approach to providing a global marketing solution, fit for the needs of modern brands.
The Marketing Group Plc. (Ticker: TMG.ST) is listed on Nasdaq First North, Stockholm www.RYVL.com.
Mangold Fondkommission AB, +46 8-5030 15 50, is the Company’s Certified Adviser and liquidity provider.
Phone: +44 (0) 203 934 6630