Verisec approved for Nasdaq First North Premier listning

Press release

The IT security company Verisec today announced that Nasdaq Stockholm AB has approved the company’s application to move from Nasdaq First North to be listed on Nasdaq First North Premier. Trading with Verisec’s share on Nasdaq First North Premier will commence on Thursday, June 22, 2017.

During the spring, Verisec gave the company’s Certified Adviser, Remium Nordic AB, the task of applying for listing on Nasdaq First North Premier. This list gives smaller companies an opportunity to prepare for listing on the main market list by setting higher requirements on ownership distribution, accounting principles and – to the extent that it is applicable – that the companies is compliant with the Swedish Code of Corporate Governance (“The Code”). Verisec meets these requirements, and in those parts that the company is not yet fully complying with the Code, a process to become compliant has begun. This concerns the composition of the Board and the Nomination Committee, the design of corporate governance reports and an auditing routine for the company’s six-month or nine-month report.

The composition of the Board and the Nomination Committee will be addressed on the Annual shareholder’s Meeting in 2018. The Corporate Governance Report Verisec will deliver for 2017 will take into account all requirements under the Code and from the interim report published on 9th of November 2017, the company will begin with auditing of the nine-month reports in accordance with the Code.

The Company’s shareholders do not need to take any action in connection with the listing on First North Premier. The share will be traded under the same name and ISIN code as before, VERI and SE0006343950.

Johan Henrikson, CEO Verisec, comments:
“We have made the assessment that a move to Nasdaq First North Premier is beneficial by giving greater visibility of the company for investors and better liquidity in the stock. We are therefore very pleased that Nasdaq has approved our application so that we can take a first step towards the main market list.“

For more information, please contact:
Johan Henrikson, CEO Verisec
Phone: +46 733-45 89 02
e-mail: johan.henrikson@verisec.com

Press release in PDF.