Stockholm, December 19, 2016 — Nasdaq (Nasdaq: NDAQ) announced that Catella AB (short name: CAT A, CAT B), a mid cap company within the financial sector, has started trading of its shares on the main market of Nasdaq Stockholm. Catella is the 87th company to list at Nasdaq’s Nordic markets* in 2016.
Founded in 1987, Catella is a specialist in property investments, fund management and banking, with operations in 12 countries across Europe. The group has a customer base of both private and commercial clients, and its vision is to be the leading European partner for investors in property and finance. Catella is headquartered in Stockholm, Sweden. For more information, please visit www.catella.com.
“During the last three years, Catella has shown a stable increase of both net sales and profitability while at the same time delivering on the Group’s strategy,” said Knut Pedersen, President and CEO of Catella. “We believe that a move to the main market will benefit Catella and its shareholders in the long term by enabling future increased institutional and international ownership. We also believe the seal of quality offered by Nasdaq Stockholm in terms of greater transparency will be positive for our business and for our relationships with clients and other key stakeholders.”
“We welcome Catella to the Nasdaq Stockholm main market,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We congratulate Catella on its listing, and are delighted to see yet another company switch from First North Premier to the main market.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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