Stockholm, June 22, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Lauritz.com Group A/S’s shares (short name: LAUR) commenced today on Nasdaq First North Premier in Stockholm. Lauritz.com belongs to the Consumer Services sector and is the 47th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Lauritz.com is an international auction concept with its roots in Denmark. Its business concept is to combine elements from the traditional auction world, such as valuation expertise, with modern information technology and the reach of the internet. The group includes 26 physical auction houses in five different countries, where sellers can consign objects for auction, whereas almost all bidding take place online since 1999. Lauritz.com has around 350 employees and is headquartered in Søborg, Denmark. For more information, please visit www.lauritz.com.
“We are proud of our listing today on Nasdaq First North Premier in Stockholm,” said Mette Rode Sundstrøm, CEO of Lauritz.com. “We are very happy for the strong interest and support from both institutional and retail investors in Sweden and Denmark. The Offering was substantially over-subscribed, and we welcome all of our more than 3000 new shareholders. The listing is the culmination of 5 months of preparations and 16 years of dedicated work developing Lauritz.com, and I am confident that we now have created a solid foundation for continued profitable growth.”
“We welcome Lauritz.com to Nasdaq First North Premier,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong inflow of digital companies leveraging Nasdaq First North as a platform for future expansion, and Lauritz.com is a perfect example of that.”
Lauritz.com Group A/S 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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