Stockholm, April 16, 2019 — Nasdaq (Nasdaq: NDAQ) announces that Green Landscaping Holding AB (short name: GREEN), a small cap company within the industrial sector, today will start trading of its shares on the main market of Nasdaq Stockholm. Green Landscaping was previously listed on Nasdaq First North and is the 17th company to list on Nasdaq’s Nordic markets* in 2019.
Green Landscaping is Sweden’s leading company in landscaping and maintenance of outdoor environments. Its business concept is to improve the customer’s outdoor environment by offering services focused on high customer benefit, long-term sustainability, and quality. Green Landscaping began its operations in 2009 through a consolidation of four existing companies within maintenance of outdoor environments, and has since grown both organically and through acquisitions. Green Landscaping is headquartered in Stockholm, Sweden.
“The listing on Nasdaq First North in March 2018 was part of Green Landscaping’s long-term growth strategy, and the change in listing to Nasdaq Stockholm signifies an even stronger seal of quality that will support our continued progress”, said Johan Nordström, CEO of Green Landscaping. “It is our ambition that the company will continue to play a central part in the consolidation of the outdoor environment industry. Our assessment is that Green Landscaping’s position as an attractive buyer will be further reinforced with the change in listing to Nasdaq Stockholm.”
“We are excited to welcome Green Landscaping to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We continue to see an increasing number of companies mature and transfer from Nasdaq First North to the main market, and today’s listing underlines that trend.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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