Distribution and listing of Octave Intelligence plc
View original at finance.yahoo.comDistribution and listing of Octave Intelligence plc STOCKHOLM, April 27, 2026 /PRNewswire/ -- Record date and key transaction details On 24 April 2026, the Annual General Meeting of Hexagon AB ("Hexagon") resolved to distribute all shares in its wholly-owned subsidiary Octave Intelligence plc ("Octave") to Hexagon's sh…
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Hexagon will announce further details about potential when-issued trading in Octave's class B ordinary shares before 21 May 2026.
60% confidenceNo further shareholder actions are required to receive Octave shares or SDRs beyond being registered as a Hexagon shareholder on the record date.
60% confidenceNasdaq Stockholm has resolved to admit Octave's SDRs for trading subject to customary conditions including Swedish Financial Supervisory Authority approval of the prospectus.
60% confidenceThe first day of trading in Octave's SDRs on Nasdaq Stockholm is expected to be 25 May 2026, and delivery of Octave's SDRs is expected to occur on 26 May 2026.
60% confidenceThe first day of regular-way trading in Octave's class B ordinary shares on Nasdaq New York is expected to be 28 May 2026.
60% confidenceOctave has applied for listing of its class B ordinary shares on Nasdaq New York; the application is expected to be approved prior to effectiveness of the Registration Statement on Form 10.
60% confidence