Stockholm, March 22, 2019— Nasdaq (Nasdaq: NDAQ) announces that the trading in Ferroamp Elektronik AB’s shares (short name: FERRO) will commence today on Nasdaq First North in Stockholm. Ferroamp Elektronik AB (“Ferroamp”) AB belongs to the industrial sector and is the 6th company to be admitted to trading on Nasdaq’s Nordic markets* in 2019.
Founded in 2010, Ferroamp is a Swedish clean technology company specialized in developing innovative power electronics for a more efficient use of electrical energy. Its EnergyHub system is the core of the company’s product offering, and enables seamless integration of solar cells, energy storage and electric vehicles with a cloud based Energy Management System (EMS). Ferroamp is headquartered in Stockholm, Sweden, currently employs 20 professionals, and has won a number of prestigious international innovation awards. For more information, please visit www.ferroamp.com.
“We are very happy to enter Nasdaq First North,” said Olof Heyman, CEO of Ferroamp. “Ferroamp will see growth also outside Sweden and we believe the Nasdaq listing could further support our international exposure.”
”We welcome Ferroamp to Nasdaq First North,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “Ferroamp operates in a promising and exciting field, and we look forward to welcoming them to the Nasdaq family of companies.”
Ferroamp Elektronik AB has appointed G&W Fondkommission 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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