Stockholm/Helsinki/Copenhagen/Reykjavik, December 17, 2015 — Nasdaq (Nasdaq: NDAQ) reports that the annual review of its Nordic market capitalization (market cap) segments is completed. The revision is based on the average market cap value in November 2015. Together with indexes and sector classifications, the market cap segmentation is a tool to increase visibility for companies listed on Nasdaq’s exchanges in Stockholm, Helsinki, Copenhagen and Iceland.
Effective January 4, 2016, the following 36 companies will change segment. 25 companies change to a larger segment, while 11 companies change to a smaller segment.
|Company||Current Segment||New List||Listing Venue|
|Africa Oil Corp.||Large Cap||Mid Cap||Stockholm|
|Bactiguard Holding AB ser. B||Mid Cap||Small Cap||Stockholm|
|Besqab AB||Small Cap||Mid Cap||Stockholm|
|Bulten AB||Small Cap||Mid Cap||Stockholm|
|EnQuest Plc||Large Cap||Mid Cap||Stockholm|
|Eniro AB||Mid Cap||Small Cap||Stockholm|
|Eniro AB, pref||Mid Cap||Small Cap||Stockholm|
|Fenix Outdoor International AG ser. B||Mid Cap||Large Cap||Stockholm|
|Fingerprint Cards AB ser. B||Mid Cap||Large Cap||Stockholm|
|Invisio Communications AB||Small Cap||Mid Cap||Stockholm|
|Klövern AB ser. A||Mid Cap||Large Cap||Stockholm|
|Klövern AB ser. B||Mid Cap||Large Cap||Stockholm|
|Klövern AB pref||Mid Cap||Large Cap||Stockholm|
|NetEnt AB ser. B||Mid Cap||Large Cap||Stockholm|
|Oriflame Holding AG||Large Cap||Mid Cap||Stockholm|
|RaySearch Laboratories AB ser. B||Small Cap||Mid Cap||Stockholm|
|Sensys Gatso Group AB||Small Cap||Mid Cap||Stockholm|
|SWECO AB ser. A||Mid Cap||Large Cap||Stockholm|
|SWECO AB ser. B||Mid Cap||Large Cap||Stockholm|
|Swedol AB ser. B||Mid Cap||Small Cap||Stockholm|
|Traction, AB ser. B||Small Cap||Mid Cap||Stockholm|
|Unibet Group Plc||Mid Cap||Large Cap||Stockholm|
|Wihlborgs Fastigheter AB||Mid Cap||Large Cap||Stockholm|
|Metsä Board Oyj A||Mid Cap||Large Cap||Helsinki|
|Metsä Board Oyj B||Mid Cap||Large Cap||Helsinki|
|Outotec Oyj||Large Cap||Mid Cap||Helsinki|
|Revenio Group Oyj||Small Cap||Mid Cap||Helsinki|
|Sanoma Oyj||Large Cap||Mid Cap||Helsinki|
|Suominen Oyj||Small Cap||Mid Cap||Helsinki|
|YIT Oyj||Large Cap||Mid Cap||Helsinki|
|Ålandsbanken Abp A||Small Cap||Mid Cap||Helsinki|
|Ålandsbanken Abp B||Small Cap||Mid Cap||Helsinki|
|Auriga Industries B A/S||Mid Cap||Small Cap||Copenhagen|
|Brødrene Hartmann A/S||Small Cap||Mid Cap||Copenhagen|
|DFDS A/S||Mid Cap||Large Cap||Copenhagen|
|Greentech Energy Systems A/S||Mid Cap||Small Cap||Copenhagen|
|Højgaard Holding A A/S||Small Cap||Mid Cap||Copenhagen|
|Højgaard Holding B A/S||Small Cap||Mid Cap||Copenhagen|
|NKT Holding A/S||Mid Cap||Large Cap||Copenhagen|
|SimCorp A/S||Mid Cap||Large Cap||Copenhagen|
|TORM A A/S||Small Cap||Mid Cap||Copenhagen|
|Vestjysk Bank A/S||Small Cap||Mid Cap||Copenhagen|
|Össur hf.||Mid Cap||Large Cap||Copenhagen|
|Össur hf.||Mid Cap||Large Cap||Iceland|
About the market cap segments
Companies belong to a market cap segment (Small-, Mid- and Large Cap) based on its average market value during the given review month. Each segment is reviewed annually based on the average market cap in November with adjustments taking effect in January the following year. The market cap calculations are based on the total number of shares, i.e. both listed and non-listed shares, of a company. Companies with a market value exceeding EUR 1 billion are in the group of “Large Cap”, while companies with a market value smaller than EUR 150 million belong to “Small Cap”. Companies with a market value between EUR 150 billion and EUR 1 billion belong to the “Mid Cap” segment.
12 month transitional period
Companies with a market cap value of more than 50 percent of the minimum or maximum threshold of each segment are transferred into the new segment with immediate effect. Companies with a market cap value of less than 50 percent of the minimum or maximum threshold of each segment are subject to a transitional period and thus one more review before transferring into the new segment. Hence, based on the EUR 1 billion Large Cap and EUR 150 million Mid Cap thresholds, a Large Cap company whose market cap value has not fallen below EUR 500 million, and a Mid-cap company whose market cap value has not fallen below EUR 75 million, are subject to a second review before moving down to the new segment. Similarly, a Mid Cap company whose market cap value has not exceeded EUR 1.5 billion and a Small-cap company whose market cap value has not exceeded EUR 225 million, are subject to a second review before moving up to the new segment.
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 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.
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:|
|Christina Malmberg Hägerstrand|
|+46 8 405 65 83|