Stockholm, May 28, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Starbreeze AB (STAR) shares commenced today on First North at NASDAQ OMX Stockholm. Starbreeze belongs to the Technology sector and is the 15th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014. Starbreeze, which was previously listed at Aktietorget, will be traded in the First North Premier segment where companies commit to follow the disclosure rules of NASDAQ OMX Nordic’s main markets.
Starbreeze is a game development company with headquarters in Stockholm, Sweden. Starbreeze builds games from their own design with the objective to establish franchises that can be branched off into other markets. Founded in 1998, Starbreeze is one of the oldest game developer studios in Europe. Games from Starbreeze include Payday and Brothers.
“Listing on First North increases the visibility and reach to the investor community in Sweden and abroad, which will be beneficial to our future growth,” said Bo Andersson, CEO of Starbreeze. “Additionally, it marks a new step on the way to the Main Market at NASDAQ OMX Stockholm.”
“We welcome Starbreeze to First North and to our vibrant Technology sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Starbreeze is one of many innovative growth companies that have opted for a listing at First North and we look forward to supporting them in their continued journey as a publicly traded company.”
Starbreeze AB has appointed Remium Nordic AB as Certified Adviser.
To view an interview from today’s listing ceremony click here.
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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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