Waterford’s Kollect on Demand to join Nasdaq First North Growth Market

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John O’Connor: Co-Founder & CEO.
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Kollect on Demand, a business founded out of Waterford in 2015 was this week approved by the Nasdaq Stockholm AB for admission to trading of the Company’s shares on Nasdaq First North Growth Market.

Kollect is a familiar name around Waterford. The business was founded by John O’Connor, John Hegarty and Robbie Skuse in 2015 and has quickly established itself as an innovator and disruptor in the waste industry. It now has 39 full-time employees based in Waterford and runs operations in all major cities in Ireland. They have recently brought the business international with a launch in Manchester, all from its home base at the Waterford Enterprise Centre. The business had revenues of approximately €2.3 million in 2018 with further growth projected in their 2019 figures.

Using technology, Kollect matches consumers looking to move waste with licensed waste collectors who can pick up and dispose of waste in a sustainable manner. By using this technology, Kollect plans to position itself as an industry leader, not only in Ireland but globally.

Waste industry tech company delivers Waterford investor presentations this week

Kollect intends to list its shares on the Nasdaq First North Growth Market, and is offering shares to the public through an Initial Public Offering.

Mangold [Fondkommission AB] corporate registration number 556585-1267 (“Mangold”) invites you to attend the investor roadshow presentations below from the management team of Kollect On Demand Holding AB. (publ) (the “Company”). It will host a series of investor presentations in Waterford and Dublin this coming Thursday and Friday – November 28 and 29 – as follows

  • The Westbury Hotel, Balfe St, Dublin 2 at 12.30 pm and again at 6.30 pm on Thursday next, 28 November 2019 and

  • The Granville Hotel, North Quay. Waterford at 7.30 am and again at 12.30 pm on Friday 29 November 2019.

Tickets for the event are available on Eventbrite.ie

Kollect has published a detailed Prospectus outlining the full terms and conditions for the purchase of shares. The prospectus and an application form for interested investors will be available on the Company’s website https://plc.kollect.ie/company-descriptions-or-prospectus/ from Monday next.

Interested investors can subscribe for shares between Monday next (25 November) and Tuesday December 10.

A preliminary date of 19 December 19 has been set for the first day of trading in Kollect shares with the ticker symbol KOLL.

 

 

 

 

 

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