GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Semcon AB (publ) (STO:SEMC) has signed an agreement with Erik Penser Bankaktiebolag according to which Erik Penser will act as liquidity guarantor for the company's shares within the framework of NASDAQ OMX Stockholm AB’s rules.
This undertaking means that the liquidity guarantor will set continuous bid and offer prices for Semcon’s shares with a maximum spread, i.e. the difference between the bid and offer price, while liquidity will be provided in the shares through a guaranteed minimum volume of shares on the bid and offer side.
The aim is to create conditions for increased trading in the company’s shares. The undertaking will start on 9 November 2012.
Semcon is a global company active in the areas of engineering services and product information. The Group has more than 3,000 employees with extensive experience from many different industries. We develop technologies, products, plants and information solutions along the entire development chain and also provide many services including quality control, training and methodology development. Semcon boosts customers’ sales and competitive strength by providing them with innovative solutions, design and solid engineering solutions. The Group has sales of SEK 2.5 billion (2011) and activities at more than 45 sites in Sweden, Germany, the UK, Brazil, Hungary, India, China, Spain and Russia
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