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Big Wins for Gränges and Immunovia in the European Small & Mid Cap Awards 2016


Stockholm, November 18, 2016 — Nasdaq (Nasdaq: NDAQ) congratulates Gränges (short name: GRNG) and Immunovia (short name: IMMNOV) on being selected as International Star and Star of Innovation, respectively, in the European Small and Mid Cap Awards 2016. The award is a joint initiative by the European Commission, FESE and EuropeanIssuers, and aims to promote best practices and encourage more small and medium sized enterprises (SMEs) to access capital markets via IPOs.

“This is a tremendous achievement by Gränges and Immunovia, and further shows the quality of the companies listed at Nasdaq’s Nordic markets,” said Adam Kostyál, senior vice president and head of European Listings, Nasdaq. “These two companies are perfect examples of the successful innovation taking place in this region, and I am proud of having them listed at Nasdaq Stockholm.”

Each year, a number of European SMEs are nominated in four different categories: International Star, Rising Star, Star of Innovation and Star of 2016. An independent jury representing the financial industry, journalism and academia, then selects a short list of three companies per category. This year’s winners were announced during the annual awards ceremony in Brussels on November 17.

“SMEs are critical to the economy, and studies of Nasdaq First North in Stockholm show that both job creation and turnover growth accelerates after a public listing,” said Adam Kostyál. “Nasdaq Nordic is currently the leading exchange in Europe, both in terms of number of IPOs and capital raised, and I am honored to assist so many SMEs with the visibility and infrastructure needed to grow.”  

In addition to the winning companies, Nasdaq is proud of having two other listed companies shortlisted in this year’s edition of the award. Robit was shortlisted as International Star and Detection Technology was shortlisted as Star of Innovation.

For more information about the award, please visit

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of over $10.0 trillion and approximately 18,000 corporate clients. To learn more, visit or

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact
Erik Granström
+46 73 449 78 07

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