Bayn Europe AB (publ.) has signed an agreement with Mangold Fondkommission AB to act as Certified Adviser. Mangold will act as Certified Adviser as of November 11, 2015. Bayn's current Certified Adviser, G&W Fondkommission, has thus terminated its assignment as of November 10, 2015.
Bayn has also entered into an agreement with Mangold to act as a liquidity provider in the Company's share. The assignment consists of liquidity-promoting measures, i.e. reducing the price difference between the bid and ask price to support and guarantee a certain liquidity in Bayn's share. The aim is to create a fairer valuation, facilitate trading and reduce transaction costs.
The liquidity guarantee agreement will also enter into force on November 11, 2015.