Cibus has been approved for trading on Nasdaq StockholmNasdaq Stockholm's listing committee has today approved Cibus Nordic Real Estate AB's ("Cibus" or the "Company") application for admission of the Company's shares to trading on Nasdaq Stockholm's main market. The approval is conditional upon customary conditions being fulfilled, for example that a prospectus is approved by and registered with the Swedish Financial Supervisory Authority. First day of trading on Nasdaq Stockholm is scheduled to Tuesday 1 June 2021 and last day of trading on Nasdaq First North Premier Growth Market is scheduled to Monday 31 May 2021. Ever since the listing of the Company's shares on Nasdaq First North Growth Market, Cibus has had the ambition to have the Company's shares subject to trading on Nasdaq Stockholm. Since the listing, the Company has worked strategically and in a goal-oriented manner to build an organisation meeting the requirements applicable to a Company listed on Nasdaq Stockholm. The Company's board of directors believe that a listing of the Company's shares on Nasdaq Stockholm is a natural step in the Company's stated ambition and development process that would increase the Company's visibility among tenants, investors, Cibus as a partner and increase the knowledge about the Company among analysts and media. In line with the Company's stated growth strategy with annual investments of EUR 50 - 100 million per year, a listing on Nasdaq Stockholm is also expected to make the Company's share more attractive as a means of payment in connection with potential acquisitions and enables investments in the Company's shares by institutional players who have a focus on shares admitted to trading on a regulated market. It is the board of director's assessment that this in the long run creates better conditions for future value creation for the Company's shareholders.
There is no offering or issuance of new shares in connection with the Company's shares being admitted to trading on Nasdaq Stockholm. Shareholders of the Company do not need to take any action in connection with the change of listing venue. The ticker for the Company share on Nasdaq Stockholm will remain unchanged (CIBUS).
Prospectus
Cibus 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 Cibus' website, www.cibusnordic.com, on 28 May 2021.
Advisors
Baker McKenzie is the Company's legal advisor in connection with the admission to trading of the Company's shares on Nasdaq Stockholm.
The information was provided through the agency of the contact persons set out below at the time stated by Cibus' news distributor beQuoted at publication of this press release. For more information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ)
Telephone: +46 761 444 888
Email: [email protected]
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ)
Telephone: +46 708 580 453
Email: [email protected]
The following documents can be retrieved from beQuoted
Cibus Pressrelease 2021-05-27.pdf Certified Adviser
FNCA Sweden AB, telephone: +46 (0) 8-528 00 399, E-mail: [email protected]
About Cibus Nordic Real Estate AB (publ)
The Company's business strategy is to acquire, develop and manage high-quality properties in the Nordic region with daily goods chains as anchor tenants. The Company currently owns some 300 properties in the Nordic region. Core tenants are Kesko, Tokmanni, Coop and S Group. FNCA Sweden AB, +46 (0) 8-528 00 399 [email protected], is the Company's appointed Certified Adviser.
Cibus Nordic Real Estate AB (publ) | Kungsgatan 56 | SE-111 22 Stockholm | Sweden Tel.: +46 (0)761,444,888 |Corp. ID No. 559135-0599 | www.cibusnordic.com
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