Cavotec MSL is pleased to announce that the following milestones have been reached in its move towards listing on the NASDAQ OMX Stockholm:

Approval received from NASDAQ OMX Stockholm Listing Committee

Approval of the Scheme of Arrangement from New Zealand High Court

Decision to not implement a capital increase in conjunction with new listing
On Friday 23 September, the Listing Committee of the NASDAQ OMX Stockholm approved Cavotec’s proposed listing on the stock exchange in Stockholm, Sweden. This approval, conditional on the completion of certain administrative steps and final registration of the listing prospectus by the Swedish Financial Supervisory Authority, is a critical step for the company in listing on the NASDAQ OMX Stockholm.

Another significant milestone was reached on Monday 26 September with the New Zealand High Court granting permission to Cavotec to fully implement, in accordance with section 236 of the Companies Act 1993, its proposed Scheme of Arrangement...