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Nasdaq Stockholm Welcomes Gapwaves to First North

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Stockholm, November 18, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Gapwaves AB’s shares (short name: GAPW B) commenced today on Nasdaq First North in Stockholm. Gapwaves belongs to the Technology sector and is the 69th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.

Gapwaves AB was founded in 2011 by Professor Per-Simon Kildal at Chalmers University of Technology in Gothenburg, Sweden, with the aim of enabling efficient wireless communication through the patented GAP waveguide technology. Gapwaves AB develops waveguide and antenna products to meet the increasing need for high performance wireless systems. The company is present in the markets for telecommunications, automotive radars, surveillance systems, and space observatories. The company is based in Gothenburg with clients all over the world. For more information, please visit www.gapwaves.com.

“In early 2016 we decided to finance the acceleration of Gapwaves’ potential through an IPO on First North. Today we feel excited and confident that this was the right decision for the company and we look forward to sharing the future with our new shareholders”, said Lars-Inge Sjöqvist, CEO at Gapwaves AB.

“We welcome Gapwaves to Nasdaq First North, one of Europe’s most liquid growth markets,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Gapwaves is an exciting, innovative company and we look forward to supporting it with the visibility and investor exposure that comes with a First North listing.”

Gapwaves AB has appointed G&W Kapitalförvaltning 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.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of over $9.3 trillion and nearly 18,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact:
David Augustsson
+46 8 405 61 35
david.augustsson@nasdaq.com

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