Stockholm, April 23 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Nexam Chemical Holding AB (short name: NEXAM) shares will commence today on First North at NASDAQ OMX Stockholm. Nexam Chemical belongs to the Basic Materials sector and is the sixth new company to be admitted to trading on First North in 2013.
Headquartered in Lund, Sweden, Nexam develops, manufactures and sells an entirely new type of heat-activated crosslinkers to the plastics market. Nexam’s technology and products makes it possible to cost-effectively and significantly improve the characteristics and performance in most types of plastics. Examples of properties that are improved include increased temperature resistance and longevity of material. Nexam is currently working with 18 of the world's 100 largest chemical and materials companies.
“On First North we can take advantage of the international investor reach that comes with being a publically traded company,” said Per Morin, CEO at Nexam Chemical. “As a relatively small company that strives to do business with large and global enterprises it makes perfect sense to be part of NASDAQ OMX as it gives us the credibility needed to move our growth strategy to the next level.”
We are excited to welcome Nexam Chemical to First North, one of Europe’s most liquid growth markets,” said Emelie Jarnesten, head of NASDAQ OMX First North. “Nexam Chemical operates in a market with tremendous potential and we look forward to supporting them in growing their investor visibility on a local, European and global level.”
Nexam Chemical has appointed Remium Nordic AB as Certified Adviser.
To view a CEO video interview with Nexam Chemical click here.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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