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Published: 2023-10-26 15:00:00 CEST
Nasdaq Tallinn
Announcement from the exchange

Suspension of trading with Clevon AS shares and flushing the orderbook

Tallinn, Estonia, 2023-10-26 15:00 CEST --  

According to the decision of the shareholders of Clevon AS published on August 1st, 2023, the shareholders approved the termination of trading with the shares of Clevon AS on the First North market. Additionally, according to the stock exchange announcement published by Clevon AS on October 13th, 2023, the voluntary offers end on October 27th, 2023, and the settlement is done on October 31st, 2023.

Considering the settlement cycle of automatically matched trades (T+2), October 27th, 2023, will be the last trading day with the shares of Clevon AS.

According to Nasdaq Baltic Member Rules, Nasdaq Tallinn has decided to suspend trading with Clevon AS shares (CLEV, ISIN: EE3100096884) and to flush the orderbook on October 27th, 2023, after the end of the trading session.

If the conditions are met, Clevon AS will presumably leave the alternative market First North on November 1st, 2023, or on a date close to it.

 

Nasdaq Baltic
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+372 640 8800
www.nasdaqbaltic.com

 

Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.