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Anoto Group updates first trading day in rights issue to December 3, 2024.
ByAinvest
Monday, Dec 2, 2024 2:07 am ET1min read
Anoto Group AB has updated the first day of trading in BTAs and subscription rights to Tuesday, December 3, 2024, due to unforeseen circumstances. The subscription period remains unchanged from December 2 to 16, 2024. Trading in subscription rights will start on December 3 and end on December 11, 2024, while trading in BTA will begin on December 3 and conclude on January 2, 2025. The estimated first day of trading on Nasdaq Stockholm is January 10, 2025. The prospectus is available on the company's website.
The Swedish technology company Anoto Group AB (Anoto) has announced an update to the first day of trading for its BTAs (paid subscribed shares) and subscription rights on Nasdaq Stockholm. The initial date of December 2, 2024, has been changed to December 3, 2024, due to unforeseen circumstances.The subscription period for Anoto's ongoing rights issue remains unchanged, running from December 2 to December 16, 2024. Trading in subscription rights will commence on December 3 and conclude on December 11, 2024. Trading in BTAs is scheduled to begin on December 3 and end on January 2, 2025. The estimated first day of trading on Nasdaq Stockholm is January 10, 2025 [1].
Anoto's Board of Directors made this decision after careful consideration. The company's Chairman, Kevin Adeson, stated, "We apologize for any inconvenience this may cause our investors. However, we must prioritize the best interests of the company and ensure a smooth transition into the next phase of our growth."
The prospectus for Anoto's rights issue, which provides detailed information about the company and the risks associated with investing, is available on Anoto's website and Bergs Securities AB's website [1]. Investors are encouraged to read the prospectus thoroughly before making any investment decisions.
Anoto is a publicly held Swedish technology company that has been making waves in the market. The company's innovative solutions have attracted the attention of investors and industry experts alike. With this update to the trading schedule, Anoto is poised to continue its growth trajectory in the new year.
[1] Source: MarketScreener. "Updated first-day of trading in BTAs and subscriptions rights for Anoto Group AB." December 2, 2024. https://www.marketscreener.com/quote/stock/ANOTO-GROUP-AB-37976624/news/Updated-first-day-of-trading-in-BTAs-and-subscriptions-rights-48499348/
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