Viking Supply Ships AB ("The Company" or "Viking Supply Ships") press released on 11 November 2022 that the Company's board of directors has decided to apply for the delisting of the Company's shares from Nasdaq Stockholm and listing on the Nasdaq First North Growth Market and that the application for delisting has been submitted to Nasdaq Stockholm. The Company has today received approval for the delisting of the Company's shares from Nasdaq Stockholm. Nasdaq Stockholm's approval is conditional upon the Company's share being approved for admission to trading on Nasdaq First North Growth Market. Given that the Company's shares are approved for admission to trading on Nasdaq First North Growth Market, the last day of trading on Nasdaq Stockholm is expected to be December 14, 2022 and the first day of trading on Nasdaq First North Growth Market is expected to be December 15, 2022. The board of directors believes that Nasdaq First North Growth Market would be a more suitable trading venue for the Company considering the Company's strategy and concentrated shareholder base, and that a listing of the Company's shares on Nasdaq First North Growth Market would entail lower costs for compliance with ongoing obligations due to lower regulatory requirements, which would further support the Company’s development and profitability.
Advisor
Arctic Securities is an advisor to the Company in connection with the planned list change. Gernandt & Danielsson Advokatbyrå is the Company's legal advisor in connection with the planned list change.