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.
|Company||Present Segment||New Segment||Listing Venue|
|Ambu A/S||Small Cap||Mid Cap||Copenhagen|
|Basware Oyj||Small Cap||Mid Cap||Helsinki|
|Bilia AB||Small Cap||Mid Cap||Stockholm|
|Corem Property Group AB||Small Cap||Mid Cap||Stockholm|
|Diamyd Medical AB||Small Cap||Mid Cap||Stockholm|
|Fastighets AB Balder||Small Cap||Mid Cap||Stockholm|
|Fenix Outdoor AB||Small Cap||Mid Cap||Stockholm|
|Keskisuomalainen Oyj||Small Cap||Mid Cap||Helsinki|
|Medivir AB||Small Cap||Mid Cap||Stockholm|
|Nolato AB||Small Cap||Mid Cap||Stockholm|
|PKC Group Oyj||Small Cap||Mid Cap||Helsinki|
|Proffice AB||Small Cap||Mid Cap||Stockholm|
|Royal UNIBREW A/S||Small Cap||Mid Cap||Copenhagen|
|Sagax AB||Small Cap||Mid Cap||Stockholm|
|Scanfil Oyj||Small Cap||Mid Cap||Helsinki|
|Peab AB||Mid Cap||Large Cap||Stockholm|
|Talvivaaran Kaivososakeyhtiö Oyj||Mid Cap||Large Cap||Helsinki|
|Genmab A/S||Large Cap||Mid Cap||Copenhagen|
|Lindab International AB||Large Cap||Mid Cap||Stockholm|
|NKT Holding A/S||Large Cap||Mid Cap||Copenhagen|
|Pöyry Oyj||Large Cap||Mid Cap||Helsinki|
|TORM A/S||Large Cap||Mid Cap||Copenhagen|
|Uponor Oyj||Large Cap||Mid Cap||Helsinki|
|CapMan Oyj||Mid Cap||Small Cap||Helsinki|
|Comptel Oyj||Mid Cap||Small Cap||Helsinki|
|Formuepleje LimiTTellus A/S||Mid Cap||Small Cap||Copenhagen|
|Glaston Oyj||Mid Cap||Small Cap||Helsinki|
|Greentech Energy Systems A/S||Mid Cap||Small Cap||Copenhagen|
|Grønlandsbanken A/S||Mid Cap||Small Cap||Copenhagen|
|Hemtex AB||Mid Cap||Small Cap||Stockholm|
|ITAB Shop Concept AB||Mid Cap||Small Cap||Stockholm|
|Lån & Spar Bank A/S||Mid Cap||Small Cap||Copenhagen|
|Mols-Linien A/S||Mid Cap||Small Cap||Copenhagen|
|Monberg & Thorsen Holding A/S||Mid Cap||Small Cap||Copenhagen|
|Nordjyske Bank||Mid Cap||Small Cap||Copenhagen|
|Nørresundby Bank A/S||Mid Cap||Small Cap||Copenhagen|
|PARKEN Sport & Entertainment||Mid Cap||Small Cap||Copenhagen|
|Pohjois-Karjalan Kirjapaino Oyj||Mid Cap||Small Cap||Helsinki|
|Rella Holding A/S||Mid Cap||Small Cap||Copenhagen|
|SECTRA AB||Mid Cap||Small Cap||Stockholm|
|Sjælsø Gruppen A/S||Mid Cap||Small Cap||Copenhagen|
|Sparekassen Faaborg A/S||Mid Cap||Small Cap||Copenhagen|
|TK Development A/S||Mid Cap||Small Cap||Copenhagen|
|VBG GROUP AB||Mid Cap||Small Cap||Stockholm|
|Vestjysk Bank A/S||Mid Cap||Small Cap||Copenhagen|
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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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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