Stockholm, April 4, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Karlbergsvägen 77 Fastighets AB’s preference shares (short name: KV77 PREF) commenced today on Nasdaq First North in Stockholm. Karlbergsvägen 77 Fastighets AB (“Karlbergsvägen 77”) belongs to the financial sector (subsector: real estate) and is the 20th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Karlbergsvägen 77 is a real estate company developing a new premium housing property with two buildings in Vasastan, a district in the central parts of Stockholm, Sweden. The company was established in 2016 as a joint venture between Fridhem and Patriam – two experienced housing developers operating in the greater Stockholm area. For more information, please visit www.karlbergsvagen77fastighetsab.se.
"We are very thankful for the confidence we have received from investors and pleased that the preference shares are now listed on Nasdaq First North,” said Jens Rastad, CEO of Karlbergsvägen 77. “We look forward to the next step in the development of the Karlbergsvägen 77-project, where we see great opportunities to develop stunning homes in the coming years – in line with our strategy of exclusive and sustainable living.”
“We welcome Karlbergsvägen 77 to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Karlbergsvägen 77 is yet another addition to our growing list of real estate companies, and we congratulate the company on its listing.”
Karlbergsvägen 77 Fastighets AB has appointed Erik Penser Bank 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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