Stockholm, June 18, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Scandinavian Enviro Systems AB (SES) shares commenced today on First North at NASDAQ OMX Stockholm. Scandinavian Enviro belongs to the Industrials sector and is the 23rd company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Scandinavian Enviro Systems has developed an innovative solution to a serious environmental problem. Using its patented technology, the company is able to recover carbon black, oil, steel and gas from waste tyres. Scandinavian Enviro Systems’ business concept is to commercialize the patented CFC and EHD technologies, in part through production at its own facility, and in part by selling plants under license to third parties. For more information, visit www.envirosystems.se .
Martin Hagbyhn, CEO of Scandinavian Enviro Systems, commented: “We are very happy to be listed on First North.This allows us to spread our vision in a public environment, and as we operate in the clean tech area, with tyre recycling, I believe we will attract a large public interest”.
“We welcome Scandinavian Enviro Systems to First North and to our Industrials sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “NASDAQ OMX is the home to entrepreneurship in all forms, and we are excited to see another innovative Swedish cleantech company select our First North market.”
Scandinavian Enviro Systems AB has appointed Erik Penser Bankaktiebolag as Certified Adviser.
To view an interview from today’s listing ceremony 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.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit www.nasdaqomx.com.
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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 futures products to be traded on NFX and NASDAQ OMX's other 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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