2008-10-30 :: europeaninvestor.com :: Aspo signs LP market making agreement with Nordea Bank Finland
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2008-10-30 :: europeaninvestor.com :: Aspo signs LP market making agreement with Nordea Bank Finland
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2008-10-30
Change of the LP Market Makig Provider for Aspo's Shares
Aspo signs LP market making agreement with Nordea Bank Finland
Aspo Plc has terminated the market making agreement for Aspo's shares concluded with Kaupthing Bank hf., Finnish Branch, which fulfilled the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing (LP) operation.
Aspo Plc ja Nordea Bank Finland Plc have concluded a market making agreement meeting the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing operation regarding the Aspo Plc shares.
According to the agreement, Nordea Bank Finland Plc will provide bids and offers for the Aspo Plc shares so that the maximum difference between a bid and offer price is 3% of the bid. Bids or offers shall include at least 1,000 shares, or the value of the shares shall equal to at least EUR 4,000.
Nordea Bank Finland undertakes to submit bids and offers for Aspo Plc on the official list in the trading system of NASDAQ OMX Helsinki on each trading day for at least 85% of the time of continuous trading and in the auction procedures applicable to Aspo Plc during a trading day.
The market making operation will commence on October 31, 2008. After a 6-month term, the market making agreement is valid for the time being and the term of notice of the agreement is one month.
ASPO Plc
Gustav Nyberg
CEO
2008-10-30
Change of the LP Market Makig Provider for Aspo's Shares
Aspo signs LP market making agreement with Nordea Bank Finland
Aspo Plc has terminated the market making agreement for Aspo's shares concluded with Kaupthing Bank hf., Finnish Branch, which fulfilled the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing (LP) operation.
Aspo Plc ja Nordea Bank Finland Plc have concluded a market making agreement meeting the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing operation regarding the Aspo Plc shares.
According to the agreement, Nordea Bank Finland Plc will provide bids and offers for the Aspo Plc shares so that the maximum difference between a bid and offer price is 3% of the bid. Bids or offers shall include at least 1,000 shares, or the value of the shares shall equal to at least EUR 4,000.
Nordea Bank Finland undertakes to submit bids and offers for Aspo Plc on the official list in the trading system of NASDAQ OMX Helsinki on each trading day for at least 85% of the time of continuous trading and in the auction procedures applicable to Aspo Plc during a trading day.
The market making operation will commence on October 31, 2008. After a 6-month term, the market making agreement is valid for the time being and the term of notice of the agreement is one month.
ASPO Plc
Gustav Nyberg
CEO
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