19.12.2013 10:08:00
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Opus Group Changes List to Mid Cap
Regulatory News:
Opus Group AB (publ) (STO:OPUS) will change list to the Mid Cap list on January 2, 2014. Opus Group is currently listed on the Small Cap segment on NASDAQ OMX Stockholm.
”Interest in the Opus Group share has increased in the past year. We see a significant interest from foreign institutions in both Europe and North America who are interested in investing in the company. Opus Group’s market cap has increased during 2013. This implies that we now change list to the Mid Cap list, which we are proud of. The listing on Mid Cap can contribute to further increased trading of the Opus Group share and attract more investors, especially foreign funds”, says Magnus Greko, President and CEO of Opus Group.
To be listed on the Mid Cap list requires a market cap in the interval of EUR 150 million, (approx. SEK 1.35 billion) and EUR 1 billion (approx. SEK 9 billion).
Gothenburg, December 19, 2013 Opus Group AB (publ)
Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which are vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 72 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Group’s revenues amounted to approximately SEK 469 million in 2012. Opus Group’s shares are listed on Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).
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