Nasdaq Stockholm Welcomes Fram to First North
Stockholm, October 12, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Fram Skandinavien AB’s shares (short name: FRAM B) commenced today on Nasdaq First North in Stockholm. Fram Skandinavien AB (“Fram”) belongs to the Technology sector and is the 87th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Fram is a Swedish-Vietnamese Venture Building & IT-development company with operations in broader South East Asia. Fram was founded and built by passionate company builders and top talented engineers. Fram has offices in central Saigon and Da Nang, Vietnam, and currently employs around 50 professionals globally. For more information, please visit www.corporate.wearefram.com.
“This is a great day for all of us in Fram and it really marks a new era for us as a public company," said Max Bergman, CEO & Co-founder of Fram. "We are both excited and humbled by the great interest in Fram so far and we look forward to building a strong company with the help of our new shareholders.”
“We welcome Fram to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Fram joins our strong and growing technology sector, and we look forward to stand by them on their journey as a public company.”
Fram Skandinavien AB has appointed Mangold 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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