MTG terminates US reporting obligations

Modern Times Group (MTG) is terminating the registration of its Class B shares with the US Securities and Exchange Commission, meaning it will cease to be obliged to report under the terms of the US Securities Exchange Act.

MTG’s reporting obligations will be suspended immideately, while the termination of its SEC registration and reporting obligations will be completed within 90 days.

MTG’s shares are not currently listed on any US exchange. The company’s A and B shares are registered in Sweden and listed and traded on the NADSAQ OMX Stockholm Large Cap index.

The SEC deregistration will not affect its Swedish listing or MTG’s shareholders’ rights.

Tags: MTG, Sweden