Market cap segment review at NASDAQ OMX Nordic Exchanges
Stockholm, December 19, 2011 — Stockholm/Helsinki/Copenhagen — NASDAQ OMX Nordic, part of NASDAQ OMX Group (NASDAQ:NDAQ) reports that the annual review of its market capitalization (market cap) segments is completed. The revision is based on the average market cap value in November 2011. Together with indexes and sector classifications, the market cap segmentation is a tool to increase visibility for companies listed on the exchanges within NASDAQ OMX Nordic.
Effective January 2, 2012, the following 16 companies will change segment. Nine companies will change to a larger segment, while seven companies will change segment to a smaller segment.
|Company||Present segment||New segment||Listing venue|
|Amer Sports Oyj||Mid Cap||Large Cap||Helsinki|
|Arise Windpower AB||Mid Cap||Small Cap||Stockholm|
|Atrium Ljungberg AB ser. B||Mid Cap||Large Cap||Stockholm|
|BioGaia AB ser. B||Small Cap||Mid Cap||Stockholm|
|Diamyd Medical AB ser. B||Mid Cap||Small Cap||Stockholm|
|Diös Fastigheter AB||Small Cap||Mid Cap||Stockholm|
|GN Store Nord A/S||Mid Cap||Large Cap||Copenhagen|
|Greentech Energy Systems A/S||Small Cap||Mid Cap||Copenhagen|
|NeuroSearch A/S||Mid Cap||Small Cap||Copenhagen|
|Nordic Mines AB||Small Cap||Mid Cap||Stockholm|
|Per Aarsleff B A/S||Mid Cap||Small Cap||Copenhagen|
|Sparekassen Lolland A/S||Mid Cap||Small Cap||Copenhagen|
|Swedol AB ser. B||Small Cap||Mid Cap||Stockholm|
|TORM A/S||Mid Cap||Small Cap||Copenhagen|
|Transcom WorldWide S.A. SDB A||Mid Cap||Small Cap||Stockholm|
|Transcom WorldWide S.A. SDB B||Mid Cap||Small Cap||Stockholm|
|Wallenstam AB ser. B||Mid Cap||Large Cap||Stockholm|
The next cap segment revision will take effect in January 2013 based on average market cap in November 2012.
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 to 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 to 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 OMX Media contacts:
Martin Hedensiö +46 8 405 6254
Carl Norell + 46 8 405 6639
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