New Nordic Healthbrands AB has decided to postpone the application for listing on Nasdaq Main Market Stockholm due to the Covid-19 pandemic. The new plan for listing is in 2022.
Following our announcement on February 28, 2020, we confirm that we are preparing for listing on Nasdaq Main Market Stockholm.
However, we have decided to postpone the application until the Covid-19 pandemic has eased.
We expect that the application will be made in 2021 in order to publish the prospectus after the publication of the annual report for 2021 and obtain listing latest by year-end 2022.
New Nordic is expanding internationally. A listing on the Nasdaq Main Market will attract more interest in the new Nordic share from international investors and institutional investors.
New Nordic does not currently plan to issue more shares in the company in combination with the listing.
Karl Kristian Bergman Jensen, CEO
New Nordic Healthbrands AB
Södra Förstadsgatan 3 C
SE-211 43 Malmö
Sweden
Malmö 26 March 2021
Contact:
Karl Kristian Bergman Jensen, CEO +46 40-239520 (switchboard),
Ivan Ruscic, CFO +46 40-239520 (switchboard),
This information is information that New Nordic Healthbrands AB (publ) is obliged to make public, pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 26 March 2021 at 8:00 CET.
New Nordic Healthbrands AB (publ), SE-211 43 Malmö,Sweden Phone +46-40-239520, email: [email protected]. Registered office: Malmö, Reg. No. 556698-0453.
Certified advisor: Mangold Fondkommission AB. +46 8 503 01 550.
New Nordic Healthbrands AB (publ) was founded in 1990 and is quoted on Nasdaq First North Growth Market Sweden since 2007. The company's business concept is to offer the most effective and safe food supplements, natural medicines and cosmetic products for specific health and beauty concerns. New Nordic's branded products are now available in 40 countries in pharmacies, beauty stores and health stores. The New Nordic Group has it's own small sales and marketing companies in most European Countries, Canada and the US, to organise local marketing campaigns, serve the pharmacy and health retailers and serve the end consumers. In 2020, sales were 450 MSEK. Nearly all New Nordic products sold worldwide are manufactured in Scandinavia. For further information, visit www.newnordic.com.
Om New Nordic
New Nordic är ett kosttillskottföretag som fokuserar på starka internationella varumärken inom specifika hälsomarknadssegment som sömn, åldersbekämpning och viktminskning, samt hår-, hud- och naglar.
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