The class B shares of Cloetta AB (publ) will be admitted to trading on the NASDAQ OMX First North. Following the first interim report of Cloetta, to be published on 30 January 2009, the class B shares of Cloetta are estimated to be admitted to trading on the NASDAQ OMX Stockholm, the Nordic market. First day of trading on the NASDAQ OMX First North is expected to be 8 December 2008.
The Annual General Meeting of Cloetta Fazer AB (publ), undergoing name change to Fazer Konfektyr Service AB (publ), held on 25 November 2008, resolved to distribute all shares in the wholly owned subsidiary Cloetta. The distribution was an outcome of the on-going split-up of the Cloetta Fazer group.
Cloetta have applied for admission to trading of the class B shares on the NASDAQ OMX Stockholm, the Nordic market. The NASDAQ OMX Stockholm Listing Committee has on this very day processed the application. The Listing Committee was of the opinion that such an admission to trading may take place only following Cloetta having published its first interim report, comprehending the period 1 September – 30 November 2008. The first interim report will be published on 30 January 2009. A final decision regarding admission to trading on the NASDAQ OMX Stockholm, the Nordic market, can be resolved thereupon.
In light of the today’s decision by the Listing Committee, Cloetta will during a period of transition be listed on the NASDAQ OMX First North with E. Öhman J:or Fondkommission AB as Certified Adviser. First day of trading of the class B shares of Cloetta is expected to be 8 December 2008. The distribution of shares in Cloetta will be carried through in accordance with the time plan that were communicated following the Annual General Meeting of Cloetta Fazer AB (publ) (undergoing name change to Fazer Konfektyr Service AB (publ)) held yesterday.
A Company Description of Cloetta will, prior to admission to trading on the NASDAQ OMX First North, be made public by being published at the webpage, www.cloetta.se, on 3 December 2008 at the latest. The Company Description will also be published at www.ohman.se.