Stockholm, October 16, 2014 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Absolent Group AB (shortname: ABSO) shares commenced today on First North at Nasdaq Stockholm. Absolent Group belongs to the Industrials sector and is the 34th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Absolent Group is an international company producing air cleaning equipment for the machine tool business. The company operates globally and its products for collecting oil mist, oil smoke and dust can be found at many well-known international customers within almost all industrial sectors. With its headquarters in Lidköping, Sweden, the Absolent Group is currently made up of three key brands – Absolent AB, Bristol and Filtermist. For more information, visit www.absolentgroup.com.
“We are very satisfied with the attention and the interest shown from investors during the period prior to the public listing,” said Tony Landh, CEO at Absolent Group. “Together with the old and new shareholders we are determined to continue our development and growth.”
“Nasdaq welcomes Absolent Group to First North and to our family of listed companies,” said Adam Kostyal, Senior Vice President and head of European listings at Nasdaq. “Absolent Group will make an interesting addition to our world-leading industrials sector, and we look forward to supporting the company in its endavour as a publically traded company.”
Absolent Group has appointed Concensus as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq 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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