Capital/Financing Update • Oct 1, 2007
Capital/Financing Update
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Press Release: 1 October 2007
SinterCast AB has appointed Remium AB as the Liquidity Provider for the SinterCast share, traded on the Small Cap segment of the Nordic Exchange, Stockholmsbörsen. As of 1 October 2007, Remium, based in Stockholm, will serve as the Liquidity Provider for the SinterCast share in order to improve the liquidity and decrease the difference between quoted prices. Under the terms of the agreement, and in accordance with the guidelines issued by the Nordic Exchange, Remium undertakes to quote prices in at least four trading lots, on both the buy side and the sell side, for the SinterCast share. The Liquidity Provider guarantees that, for a minimum of 85% of the trading time at the Nordic Exchange, the difference between the bid and ask prices for the SinterCast share will not be more than 3%.
Remium is a specialist company in supporting Small Cap companies by providing tailor made services including Capital Market Days (where companies can present their technology and market opportunity to Small Cap investors) regular analyst reports and a variety of corporate financial services. As a result of the appointment of Remium as the Liquidity Provider for the SinterCast share, Erik Penser Fondkommission, Stockholm, Sweden, will no longer serve as SinterCast's Liquidity Provider. SinterCast acknowledges and appreciates the good service that Erik Penser Fondkommission has provided since 2 January 2004.
In order to activate the Liquidity Provider service, Dr. Steve Dawson, President & CEO of SinterCast has transferred 1,000 SinterCast shares to Remium. This transfer will be formally reported as a change in Dr Dawson's holding from 25,000 shares to 24,000 shares, although he retains ownership of all 25,000 shares.
For more information, please contact: SinterCast Remium AB Dr. Steve Dawson Magnus Mivér President & CEO Director of Sales Office: +44 1932 862 100 +46 8 454 32 89 Mobile: +44 7710 026 342 +46 707 71 33 20 e-mail: [email protected] magnus.miver@remium
SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 80% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine weight, noise and emissions. The end-users of SinterCast-CGI components include Aston Martin, Audi, Caterpillar, DaimlerChrysler, Ford, General Electric Transportation Systems, General Motors, Hyundai, Jaguar, Land Rover, MAN B&W Diesel, PSA Peugeot-Citroën, Rolls-Royce Power Engineering, Toyota, Volkswagen, Volvo and Waukesha Engine. The SinterCast share is quoted on the Small Cap segment of the Nordic Exchange, Stockholm.
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