Safeture AB appoints Lago Kapital as liquidity provider
Safeture AB (“Safeture” or “Company”) has entered into a Liquidity Providing (LP) agreement with Lago Kapital Ltd. In connection with the agreement for liquidity providing, Agartha AB has agreed to lend 45,000 shares to Lago.
According to the agreement, Lago Kapital Ltd will quote bids and offers for Safeture shares, listed on the Nasdaq First North Growth Market within the framework for Nasdaq Stockholm rules for liquidity provision. The spread of the bid and offer prices is a maximum of 4 percent, calculated on the bid price. The quotes on bid and offer must be at least 15 000 SEK worth of shares. The intention is to promote liquidity and lower volatility in the share.
According to the agreement bids and offers will be quoted for at least 85 percent of the daily continuous trading period.
Liquidity providing in accordance with the agreement will commence on 3.4.2023. The agreement will be in force initially for a fixed term of three (3) months and thereafter until further notice with a notice period of one (1) calendar month.