1 December 2017
CST Global’s parent firm Sivers listed on Nasdaq First North in Stockholm
III-V optoelectronic foundry Compound Semiconductor Technologies Global Ltd (CST Global) of Hamilton International Technology Park, Blantyre, near Glasgow, Scotland, UK says that its parent company Sivers IMA Holding AB of Kista, Sweden (a fabless supplier and developer of microwave and millimeter-wave components for WiGig/5G wireless and radio-frequency network applications) is now listed on Nasdaq First North in Stockholm (a multi-lateral, trading facility, operating in the Nordic regions, as part of Nasdaq). Sivers IMA’s previous listing, on the Swedish Aktietorget stock market, was terminated on 29 November.
“The Nasdaq First North listing represents an important acknowledgement of the enhanced status of Sivers IMA Holdings AB, our parent company, following on from the acquisition of CST Global,” says CST Global’s CEO Neil Martin. “Nasdaq is a trading facility which offers an excellent profile and great exposure in the global financial markets. It encourages international investment and makes it easier for institutions and international investors to become shareholders in the company,” he adds.
Sivers IMA will continue to be traded under the name ticker SIVE and use the same ISIN code SE0003917798. Shareholders will not be required to take any specific measures in relation to the listing.