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Nasdaq Stockholm closes review of 2019 Iraq report disclosures: Ericsson

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Nasdaq Stockholm dismisses Ericsson's Iraq internal investigation report as not affecting investment decision
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  • Nasdaq Stockholm concludes that Ericsson's 2019 Iraq internal investigation report did not contain information that would impact an investor's decision
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STOCKHOLM, May 24, 2023 /PRNewswire/ -- Nasdaq Stockholm has concluded its review of Ericsson's (NASDAQ: ERIC) public disclosure obligations concerning its 2019 Iraq internal investigation report.

In dismissing the matter, Nasdaq stated that it "cannot come to the conclusion that the content of the report was such that a reasonable investor would have used such information as part of his/her investment decision."

Ericsson has previously addressed Nasdaq Stockholm's review (including previous responses to the Swedish Shareholders Association). 

NOTES TO EDITORS:

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ABOUT ERICSSON:
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

The following files are available for download:

https://mb.cision.com/Main/15448/3773861/2079393.pdf

Nasdaq Stockholm closes review of 2019 Iraq report disclosures

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SOURCE Ericsson

FAQ

What was the conclusion of Nasdaq Stockholm's review of Ericsson's disclosure obligations?

Nasdaq Stockholm concluded that the content of Ericsson's 2019 Iraq internal investigation report would not have influenced an investor's decision

Did Ericsson respond to Nasdaq Stockholm's review?

Yes, Ericsson previously addressed Nasdaq Stockholm's review

Telefonaktiebolaget LM Ericsson (publ)

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Telefonaktiebolaget LM Ericsson, commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm.