Fastighets AB Tornet has received notification from the Stockholm Stock Exchange that its shares will be delisted from the O list, on the basis that the company no longer meets the listing requirements regarding free float. The last day of trading will be October 29.
The decision by the Exchange was preceeded by an exhange of letters between the company and the Exchange, in which the company requested that it be allowed to stay listed despite no longer fulfilling the listing requirement regarding free float.
The Board expects to be able to make a further announcement following the next scheduled board meeting on October 12.
Source: Tornet
