Stockholm, June 30, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in AroCell AB’s shares (short name: AROC) commenced today on Nasdaq First North in Stockholm. AroCell belongs to the Health Care sector and is the 50th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
AroCell is a Swedish company specialized in developing standardized blood tests that can be used in the prognosis, monitoring and follow-up of cancer. The company’s technology is based on patented methods to measure TK1 protein levels, and the test results provide information that allows oncologists to indirectly monitor tumour growth during cancer treatments. AroCell was founded in 2003 and is headquartered in Uppsala, Sweden. For more information, please visit www.arocell.com .
“The assessment of the Management and Board of Directors is that Nasdaq First North is a market place that will provide a broader exposure of the company to more groups of investors and institutions,” said Jan Stålemark, CEO of AroCell. “In addition, this listing will provide foreign investors with better opportunities to trade in the company’s shares, due to the more international profile and accessibility of Nasdaq First North.”
“We welcome AroCell to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “AroCell is yet another example of an innovative health care company leveraging Nasdaq First North as a platform for its future expansion, and we look forward to supporting the company for many years to come.”
AroCell AB has appointed Redeye AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq 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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