TECNOQUARK to start trading on MAB on 21 December

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on TECNOQUARK TRUST, stating that the company is eligible for admission to the market’s Growth Companies segment following a thorough review of all the information presented by the company.

The company is scheduled to start trading next Monday, 21 December. The final approval of MAB’s Board of Directors is required before the shares of the company can be admitted for trading. Prior to the listing, the company has carried out a €4.46 million capital increase.

The company’s trading code will be TQT and trading will be through a price setting mechanism which will match buy and sell orders by means of two daily auction periods or “fixings”, at 12 hrs and at 16 hrs.

eSTRATELIS Advisors is acting as Registered Adviserand MG Valores as Liquidity Provider. 

TECNOQUARK is an industrial group whose strategy has always been to specialise in niche markets where it has been able to offer highly technological products and services. Currently, it offers solutions ranging from the design and manufacture of automotive tools and matrixes for stamping steel wheels and pulleys as well as aeronautic components and management of test kits and try-outs, with large projection and wide experience.

TECNOQUARK TRUST´s Informative Document is available on MAB’s website (www.bolsasymercados.es/mab), where all the information about the company and its activities can be found.