HUMBLE’S SHARES HAVE BEEN APPROVED FOR ADMISSION TO TRADING ON NASDAQ STOCKHOLM
Nasdaq Stockholm’s listing committee has, subject to customary conditions, approved Humble Group AB’s (“Humble” or the “Company”) application for admission to trading of the Company’s shares on Nasdaq Stockholm’s main market (the “Listing”). First day of trading on Nasdaq Stockholm’s main market is expected to be on 27 September 2024 and the last day of trading on Nasdaq First North Growth Market is expected to be on 26 September 2024.
“Being listed on a regulated market means a quality stamp and marks an important step in Humble's continued journey. It is a testament to how we work with developing our growth and ownership strategy and with our corporate governance. The list change also creates better conditions for long-term value creation for our shareholders and enables more institutional investors to invest in the Company's shares.” – Simon Petrén, CEO Humble Group AB.
Humble was listed on Nasdaq First North Growth Market in November 2014 under the company name at the time, Bayn Europe AB. The Listing is an important step in the Company’s continued development and has been an expressed ambition within the Company’s board of directors and management. The Listing entails a quality label by the Company’s improved maturity level. In addition, the Listing entails that the Company’s shares will become more attractive as means of payment and may facilitate in future acquisition discussions. Further, the Listing is assessed to better reflect the Company’s size from a capital market perspective and enable for more institutional investors to invest in the Company’s share.
In light of the above, the board of directors of Humble has applied for admission to trading of the Company’s shares on Nasdaq Stockholm. Nasdaq Stockholm’s listing committee has resolved that Humble fulfils the requirements to be admitted to trading on Nasdaq Stockholm, provided that customary conditions are fulfilled, including that a prospectus is approved and registered by the Swedish Financial Supervisory Authority.
There is no offer or issuance of new shares in connection with the Listing and shareholders of Humble do not have to take any measures. The ticker for the shares (HUMBLE) and the ISIN-code (SE0006261046) will remain unchanged.
For complete information regarding the Listing, please refer to the prospectus that is expected to be approved by the Swedish Financial Supervisory Authority and published (only in Swedish) on Humble’s webpage (www.humblegroup.se) on 23rd of September 2024.
Advisor
Rämsell Advokatbyrå AB is Humble’s legal advisor in connection with the Listing.
For additional information, please contact:
Simon Petrén, CEO, Humble Group AB
Email: [email protected]
Phone: +46 (0)8 61 32 888
The information in this press release has been published by the above contact person, at the time specified by Humble Group's news distributor Cision at the time of publication of this press release.
About Humble
Humble Group is a Swedish FMCG group, which delivers next-generation consumer products that are better for people and the planet. Humble’s business consists of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a profile within health and sustainability. The company strives to drive organic and structural growth through acquisitions and by utilizing synergies between the business entities. For more information visit www.humblegroup.se.
Humble is listed on Nasdaq First North Growth Market, under the ticker HUMBLE. FNCA Sweden AB is Humble’s certified adviser.