LED iBond enters market maker agreement with Pareto Securities AB

COMPANY ANNOUNCEMENT NO. 91

Today, LED iBond has entered a market maker agreement with Pareto Securities AB, where Pareto Securities AB will promote the liquidity in the LED iBond share. The agreement commences on 31 January 2024 and will remain in force until terminated by either LED iBond or Pareto Securities AB.

Besides promoting the liquidity in the share, the agreement also undertakes to quote bid- and ask-orders in the LED iBond share with the intention to reduce the spread between the bid and ask prices. The agreement has been concluded with reference to Nasdaq Nordic's Member rules.

Martin Løbel, CEO of LED iBond International comments:

"With a market maker agreement, we will improve the shareholder interest by securing a higher liquidity in the share as well as securing a maximum spread between the bid and ask prices. High liquidity and low spread will make it easier for shareholders to trade our share which we believe will benefit all shareholders."

Further Information

Martin Løbel, CEO
Mobile: [phone]
Email: [e-mail]

Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark

CVR 36041609

[phone]
[e-mail]
www.ledibond.com

Certified adviser

Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden

Telephone: [phone]
Email: [e-mail]

About LED iBond International A/S

Founded in 2014, LED iBond International offers innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and assembly technology. Our patented technology platform includes a very thin formfactor of only 6 mm for the light panels, offering a unique value proposition based on high design flexibility, robustness, IoT integration, and low total costs of ownership due to market leading energy efficiency and superior cooling properties. The technology platform also reduces the installation cost due to a modular design with a limited need for traditional electrical wiring.    

LED iBond's technology has been installed in many projects, ranging from intelligent shelf lighting to numerous large scale illumination projects such as various parking facilities and as the indoor installation of 3.2 kilometres of TRACY®, the company's innovative flagship product, at the Technical University of Denmark. LED iBond's has also developed software-based advanced light management systems for control of lighting solutions.

LED iBond is focusing on three key business lines: Smart Building (Industry & Home), Indoor and Vertical Farming, and UV Disinfection, all projected to show significant growth in the years to come. For Indoor and Vertical Farming segments, LED iBond's roadmap includes lighting solutions which incorporate advanced IT management with monitoring using sensors, cameras, and plant analysis.

Manufacturing takes place in Denmark in LED iBond's own production facility with highly automated assembly lines.

LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).

https://news.cision.com/led-ibond/r/led-ibond-enters-market-maker-agreement-with-pareto-securities-ab,c3918175

https://mb.cision.com/Main/19206/3918175/2571506.pdf

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