Stockholm, June 9, 2016 — Nasdaq (Nasdaq: NDAQ) announced that Bonava AB (short name: BONAV A, BONAV B), a large cap company within the financial sector (subsector: real estate), has started trading of its shares on the main market of Nasdaq Stockholm. Bonava is the 36th company to list at Nasdaq’s Nordic markets* in 2016.
Established as a spin-off from NCC, Bonava is a residential development company in Northern Europe that has been developing homes and neighborhoods since the 1930’s. The company primarily operates in metropolitan areas, and develops both apartment buildings and single-family homes for consumers and investors. Headquartered in Stockholm, Bonava has 1400 employees and operates in selected areas in Sweden, Finland, Denmark, Norway, Germany, S:t Petersburg, Estonia and Latvia. For more information, please visit www.bonava.com.
“The interest for the listing of Bonava has been great,” said Joachim Hallengren, CEO of Bonava. “This is a natural step in our journey, and enables further growth, increased customer focus and a strengthened position as a leading residential developer in Northern Europe.”
“We are excited to welcome Bonava to our main market,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Bonava is a great example of yet another residential development company leveraging the public market as a platform for future expansion, and we look forward to working with them for many years to come.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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