Stockholm Stock Exchange moves to delist Intellego

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Stockholm Stock Exchange moves to delist Intellego
Photo: Pontus Lundahl/TT

The Stockholm Stock Exchange has submitted a request to the disciplinary committee to delist Intellego, which has been suspended from trading, the company said in a press release.

The company's former CEO is suspected, among other things, of gross fraud and was arrested in November last year. He is now free but remains a suspect.

He has also been reported to the police by the company itself, whose shares remain suspended from trading.

Intellego now states that Nasdaq Stockholm has notified the company that a request for delisting has been submitted to its disciplinary committee for further processing.

Intellego manufactures and develops UV technology used in disinfection, sun protection, and industry.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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