News blog
XCounter AB
- BY: Andrew Hore |
- POSTED: 28/03/2011 |
Stockholm-based XCounter AB plans to leave Aim and join Nasdaq OMX First North in Sweden.
The developer of technology for the capture of digital x-ray images using low dosages of radiation intends to consolidate 50 existing shares into one new share as part of the switch. The consolidation will happen on 23 May. If shareholders agree the company will leave Aim on 9 June.
XCounter wants to limit its costs and that is why it is leaving Aim. The company will save €100,000 by switching to Nasdaq OMX First North.
At 3p a share, XCounter is valued at £5.86m.
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