Stockholm, February 22, 2012 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Creades AB (CRED A) shares will commence today on First North at NASDAQ OMX Stockholm. Creades belongs to the Financials sector and is the second company to be admitted to trading on First North in 2012.
Creades is an investment company derived from Investment AB Öresund and invests in both listed and unlisted companies with the objective to create value through creative development and restructuring. Creades’ strategy is to invest in small-and medium-sized companies that have the potential for revaluation and value creation. Creades’ asset portfolio today consists of 60% listed shares, 30% unlisted shares and 10% in cash.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said: “Creades is a perfect example of a company that benefits from the efficient time-to-market advantages that First North can offer. As one of Europe’s most active and liquid growth markets First North acts as a natural stepping stone to a listing on our main market. We now look forward to supporting Creades in generating strong investor visibility and awareness both on a local and international level.”
Stefan Charette, CEO at Creades commented: “Our First North listing today acts to support Creades’ future development and will help strengthen our visibility towards both institutional and private investors. Creades has a solid financial platform in combination with vast experience of the financial markets and our aim is to eventually make a move to the main market at NASDAQ OMX.”
Creades AB has appointed Handelsbanken Capital Markets as Certified Adviser.
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