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SpectrumOne AB Delisting Announcement 2020

Apr 22, 2020

8586_rns_2020-04-22_3b2cf0ad-d732-4969-86d7-69ae0355e071.html

Delisting Announcement

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SpectrumOne AB (publ) initiates delisting process from Merkur Market with purpose to concentrate all trading to Nasdaq First North Growth Market

SpectrumOne AB (publ) initiates delisting process from Merkur Market with purpose to concentrate all trading to Nasdaq First North Growth Market

Today, on April 22, 2020, due to an increase of liquidity and trade on Nasdaq

First North Growth Market ("First North"), the Board of SpectrumOne AB (publ)

("SpectrumOne" or "the Company") has decided to initiate a delisting process

from Merkur Market, a process that aims to concentrate all trading on First

North. The Company will inform the market when new information about the process

is obtained.

A decision to terminate the parallel listing

SpectrumOne has since 2018 been listed in parallel on both First North in Sweden

and Merkur Market in Norway. During recent times  SpectrumOne has experienced an

increase of liquidity and trading on First North while at the same time

experiencing a steady decline in trading liquidity and number of shareholders

trading through Merkur Market. The Company experiences that shareholders, whose

holdings of shares are linked to Merkur Market, have been joining the Swedish

market to conduct trading on First North instead. In light of this trend and in

order to reduce the costs that the parallel listing provides, the Board has

today decided to apply for delisting from Merkur Market pursuant to clause 12.1

(2), second sentence of the Continuing obligations of companies admitted to

trading on Merkur Market. The Company will file a delisting application to the

Oslo Stock Exchange as soon as practicable possible. The delisting is subject to

approval from the Oslo Stock Exchange.

The Company is of the opinion that a delisting from Merkur Market - if approved

by the Oslo Stock Exchange - will not cause any material disadvantage for its

shareholders or have any negative effect on the market's duties or pricing

mechanism. The Company will remain listed on First North and will, therefore,

continue to be subject to its applicable listing rules, as well as provide

shareholders with a liquid market to trade their shares. If the application is

approved by the Oslo Stock Exchange, the Company will furthermore host VPS

investors transferring their securities to common shares registered with

Euroclear Sweden (which can be traded on First North) by providing appropriate

information on how to proceed and work with their VPS registrar (DNB) to ensure

a simple transition for the shareholders.

The Company understands that, in connection with the approval of the delisted

application, the Oslo Stock Exchange may require the Company to maintain its

listing on Merkur Market for a transitional period so that VPS investors have

reasonable time to take measures to transfer their holdings to Euroclear Sweden

in order to continue trading its shares (either at Euroclear Sweden or Merkur

Market).

Hosni Teque-Omeirat, CEO at SpectrumOne, comments "We believe that the benefits

of concentrating all trading to First North, such as reducing costs in relation

to the parallel listing and follow the shareholder trend to focus on First

North, are great for our shareholders and the Company as a whole. Of course, we

want to provide as easy a transition as possible for our shareholders in this

process."

For further information contact:

Hosni Teque-Omeirat

CEO

+46 70 225 18 77

[email protected]

Certified Adviser:

Mangold Fondkommission AB (556585-1267)

Box 55 691 102 15 Stockholm

Telefon: +46 8 503 015 50

[email protected]

www.mangold.se

About SpectrumOne AB

SpectrumOne is a leading technology company delivering an advanced Data

Management, Analytics & Communications platform suite. Offered in a SaaS online

service shipping with rich market data from various professional providers,

SpectrumOne provides a unique solution to many leading actors across industry

segments in various countries. Enabling clients with fast and easy  access to

data insight and visualisation coupled with powerful search, segmentation and

mapping features. SpectrumOne allows data to be quickly enabled and

operationalised, driving activities from customer communication to data science

supporting business analysis, strategy and growth. All of which can be enabled

literally the same day with immediate results. SpectrumOne´s

headquarter is based in Stockholm, Sweden, responsible for Nordic sales and

strategy, with additional sales and business development located in Oslo,

Norway.  SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm

and Merkur Market in Oslo.

www.spectrumone.com