As announced on 21 May 2025, Tidnings AB Marieberg ("Bonnier News") has increased its ownership in Readly International AB (publ) ("Readly") to over 90 per cent of the shares and have thereby declared the recommended cash offer unconditional.
Bonnier News has today initiated compulsory redemption of the remaining shares in Readly in accordance with Chapter 22 of the Swedish Companies Act (2005:551).
As a result, the board of directors of Readly has resolved to apply for delisting of the Readly share from Nasdaq First North Growth Market. The last day of trading in the share will be announced after Readly has been informed thereof by Nasdaq First North Growth Market.
For more information, please contact:
Linnéa Aguero, Head of Communications
Tel: +46 725 03 32 31
E-mail: linnea.aguero@readly.com
About Readly
Readly is a European category leader for digital magazines and newspapers. The Company offers a digital subscription service where customers have unlimited access to 8,000 national and international titles - all in one app and at a fixed monthly fee. Readly has subscribers in 50 countries and content available in 17 different languages. In collaboration with around 1,000 publishers worldwide, Readly is digitising the newspaper and magazine industry. In 2024, revenues amounted to SEK 725 million. The Readly share is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the Company's Certified Advisor. For more information, please visit https://corporate.readly.com