LED iBond enters market maker agreement with Pareto Securities AB

COMPANY ANNOUNCEMENT NO. 91

Today, LED iBond has entered a market maker agreement with Pareto Securities AB, where Pareto Securities AB will promote the liquidity in the LED iBond share. The agreement commences on 31 January 2024 and will remain in force until terminated by either LED iBond or Pareto Securities AB.

Besides promoting the liquidity in the share, the agreement also undertakes to quote bid- and ask-orders in the LED iBond share with the intention to reduce the spread between the bid and ask prices. The agreement has been concluded with reference to Nasdaq Nordic’s Member rules.

Martin Løbel, CEO of LED iBond International comments:

“With a market maker agreement, we will improve the shareholder interest by securing a higher liquidity in the share as well as securing a maximum spread between the bid and ask prices. High liquidity and low spread will make it easier for shareholders to trade our share which we believe will benefit all shareholders.”