Crown Energy AB (publ) (“Crown Energy”) has entered into an agreement with ABG Sundal Collier ASA (“ABG”) in which ABG will act as market maker for the Crown Energy share with start from 18 June 2018. The purpose is to increase the liquidity and turnover and facilitate the trading in the share.
In short, ABG, as market maker, places buy- and sell orders in the Crown Energy share by committing to buy and sell shares at quoted prices on behalf of ABG.
“The agreement aims to lead to positive effects by promoting a minimum of liquidity in the Crown Energy share listed on NGM Equity stock exchange. Thus facilitating and promoting the trading in the Crown Energy share to existing and new shareholders”, says Andreas Forssell, CEO Crown Energy.
This information is information that Crown Energy 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 below, at 11.30 AM CET on 12 June 2018