Stockholm, November 12, 2014 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Bayn Europe AB (shortname: BAYN) shares commenced today on First North at Nasdaq Stockholm. Bayn belongs to the Consumer Goods sector and is the 38th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Bayn Europe AB is a Stockholm based innovative company specialized in natural and healthier sweetening systems based on Stevia within the food and beverage industry. Bayn’s products are sold on the European market under the brand name EUREBA®. Bayn works intensively with natural bulk ingredients in their Stevia applications to optimize the taste, texture and cost-in-use for the benefit of human health and environment. Bayn focuses on scientific research and works according to stringent ethical and quality programs. For more information see www.bayn.se
“We are delighted to be part of the family of listed companies within Nasdaq,” said Lucy Dahlgren, CEO of Bayn. “This gives Bayn creditability when building customer relationships and developing business in Europe and around the world. Together with the fact that Sweden is highly reputed for its clean tech, clean label and concern for health issues, the listing at Nasdaq’s First North market brings synergies for Bayn’s sustainable growth and contribute long-term business values to all Bayn’s stakeholders.”
“Nasdaq welcomes Bayn to First North and to our family of listed companies,” said Adam Kostyal, Senior Vice President and head of European listings at Nasdaq. “Bayn will make a valuable addition to our consumer goods sector, and we look forward to supporting the company in its endavour as a publically traded company.”
Bayn Europe has appointed G&W Fondkommission 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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