Handicare Group has appointed Carnegie as liquidity provider
Handicare Group AB (publ) (Nasdaq Stockholm: Handi) has entered into an agreement with Carnegie Investment Bank AB (publ) so that Carnegie shall act as liquidity provider in the company´s stock as from today July 16, 2018.
The purpose of the guarantee is to enhance liquidity in the stock and reduce the difference between buy and selling prices. The agreement, in short, means that the liquidity provider will offer buy and sell prices in the Handicare Group AB´s stock and thereafter will commit to buy and sell shares at these prices.
For information, pls contact:
Boel Sundvall, Investor Relations
Tel: +46 723 747 487
Handicare offers solutions to increase the independence of disabled or elderly people, and to facilitate for their care providers and family. The offering encompasses a comprehensive range of curved and straight stairlifts, transfer, lifting and repositioning aids, vehicle adaptations and medical equipment. Handicare is a global company with sales in more than 20 countries and is a market leader in this field. The head office is in Stockholm, Sweden and manufacturing is located at six sites distributed across North America, Asia and Europe. In the 12-month period to March 2018, revenue amounted to MEUR 283 and the adjusted EBITA margin was 8.7%. Employees numbered around 1,200 and the share is listed on Nasdaq Stockholm. For more information, see www.handicaregroup.com.