A/S Trigon Agri: Intention to list the shares on NASDAQ OMX Stockholm and change of trading and settlement currency
The information in this press release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. It has been prepared for information purposes only.
Intention to list the shares on NASDAQ OMX Stockholm
Trigon Agri A/S (“Trigon Agri” or the “Company”) is pleased to announce that the Board of Directors has resolved to apply for a listing of the Company’s shares on NASDAQ OMX Stockholm. The listing on NASDAQ OMX Stockholm is expected to be completed during 2010. The Company’s shares are listed on NASDAQ OMX First North since 18 May 2007.
“We have completed our third full operational year and we have proven that our business model works and our view is that Trigon Agri is well prepared for a listing on NASDAQ OMX Stockholm. We believe that the listing will increase institutional and private investors’ interest in the share and result in an increased investor base and improved liquidity in the share”, says Mr. Ülo Adamson, President of Trigon Agri.
Announcement of change in trading and settlement currency
Trigon Agri has, with the purpose of facilitating trading in and thus increase the liquidity in the share, requested and received approval to change the trading and settlement currency to Swedish Kroner (“SEK”)from Euro (“EUR”). The change in trading and settlement currency will be effective as of market opening on 10 May 2010, i.e. shares traded as of 10 May 2010 and onwards will be settled in SEK in accordance with Euroclear Sweden’s T+3 settlement cycle. The change will cause all open orders on Trigon Agri shares to be cancelled at the end of business on 7 May 2010. Trading in the Company’s share will not continue in EUR. Please note that Trigon Agri shares traded during 5 – 7 May 2010 will be settled in EUR during 10 – 12 May 2010. Shares traded on 5 May 2010 will be settled in EUR on 10 May 2010, shares traded on 6 May 2010 will be settled in EUR on 11 May 2010 and shares traded on 7 May 2010 will be settled in EUR on 12 May 2010. The Trigon Agri share ticker will remain unchanged (TAGR).
E. Öhman J:or Fondkommission AB has been appointed financial adviser to the Company in conjunction with the contemplated listing on NASDAQ OMX Stockholm.
Mr. Ülo Adamson, President of Trigon Agri A/S
Tel: +372 66 79 200
The Company’s Certified Advisor is SEB Enskilda.
About Trigon Agri
Trigon Agri is a leading integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Trigon Agri’s shares are traded on the First North stock exchange in Stockholm, an alternative market place of the OMX Nordic Exchange. Trigon Agri is managed under a management agreement by Trigon Capital, a leading Central and Eastern European operational management firm with around USD 1 billion of assets under management.