Market cap segment review at NASDAQ OMX Nordic Exchanges

Stockholm/Helsinki/Copenhagen/Reykjavik, December 17, 2010—NASDAQ OMX Nordic, part of NASDAQ OMX Group (NASDAQ:NDAQ) reports that the annual review of its market capitalization (market cap) segments has been done. The revision is based on average market cap value in November 2010. 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 3, 2011, the following companies will change segment. 17 companies change to a larger segment, while 28 companies change segment to a smaller segment.

From January 2010 each segment is reviewed annually based on the average market cap in November. The next cap segment revision will take effect in January 2012 based on average market cap in November 2011. According to amendments announced 29 May, 2009, the market cap calculations are based on the total number of shares, i.e. both listed and non-listed shares, of a company.

12 month transitional period

Companies with a market cap value of more than 50 percent of the minimum or maximum threshold of each segment will be 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 will have a transitional period until the next review, and thus be subject to 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, will be 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, will be subject to a second review before moving up to the new segment.

 

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NASDAQ OMX Media contacts: 

Teresa Wincrantz

+46 (8) 405 63 26                                                   

teresa.wincrantz@nasdaqomx.com

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. 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. The market cap segmentation shall be revised annually based on market value in November of each year with adjustments taking effect in January the following year. 

 

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries.  NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).

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 OMX's 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 OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX'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.

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