First day of trading on Nasdaq First North Stockholm has been postponed until 9 June 2016 because of technical reasons at Nasdaq
Published on June 8, 2016
The first day of trading of The Marketing Group plc’s (“The Marketing Group” or the “Company”) shares on Nasdaq First North Stockholm have been postponed until tomorrow, 9 June 2016, because of technical reasons at Nasdaq. The Company’s shares will be traded in euro (EUR) but have been incorrectly registered as Swedish kronor (SEK) in Nasdaq’s trading system. To reverse the incident, Nasdaq’s trading system needs to updated which can only be done overnight. Consequently, first day of trading will occur tomorrow.
Statement from the Executive Chairman, Jeremy Harbour:
“We were looking forward to welcome our shareholders to the first day of trading today and are of course disappointed over this incident. However, I want to clarify that this is only related to technical issues at Nasdaq and has nothing to do with The Marketing Group’s listing. The Marketing Group has already been admitted to trading and is as of today formally listed on Nasdaq First North Stockholm. We are now looking forward to a strong first day of trading tomorrow.”
For more information, please contact
Hannah Middleton, Director and Communications Director
Phone: +65 8193 7625
Jeremy Harbour, Executive Chairman
Phone: +65 8661 1776
The Marketing Group in brief
The Marketing Group plc was incorporated in May 2015 with the purpose of gathering successful marketing businesses under one roof. During the first quarter of 2016, the Company acquired four companies within the marketing sector; One9Ninety (social media), Black Marketing (LinkedIn marketing), Nice & Polite (creative content) and Creative Insurgence (brand activation). The Company comprises a series of independent marketing teams, each with specific expertise and innovative services. The consolidated group supports the subsidiaries with management and coordinating activities as well as a common operating platform. For more information, please visit the Company’s website www.tmg-plc.com. The Company’s share is listed on Nasdaq First North Stockholm and Mangold Fondkommission AB, +46 8 5030 1550, is the Company’s Certified Adviser and liquidity provider.