On April 17, 2023, the shares in SignUp Software AB (the "Company") were given
observation status with reference to a public takeover offer from Insight
Partners, trough SUS Intermediate Company AB ("Insight Partners") to the
shareholders in the Company.
On May 11, 2023, Insight Partners issued a press release with information that
Insight Partners had achieved control of more than 90 percent of the shares in
the Company. The press release also stated that Insight Partners intended to
commence a compulsory acquisition procedure to acquire the remaining shares in
the Company, and to seek a delisting of the Company's shares from Nasdaq First
North Growth Market.
On May 12, 2023, the Company issued a press release with information that the
Company had decided to apply for delisting of its shares from Nasdaq First
North Growth Market. Nasdaq Stockholm AB has now also received such an
application from the Company.
The rules of Nasdaq First North Growth Market state that an issuer's shares may
be given observation status if the issuer has applied to have the shares
removed from trading.
With reference to the above, Nasdaq Stockholm AB decides to update the
observation status for the shares in SignUp Software AB (SIGNUP, ISIN code
SE0017085020, order book ID 240382).
For further information about this exchange notice please contact Enforcement &
Investigations, telephone +46 8 405 70 50.© 2023 GlobeNewswire
