Stockholm, May 5, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Mantex AB’s shares (short name: MANTEX) commenced today on Nasdaq First North in Stockholm. Mantex belongs to the industrial sector and is the 33rd company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Mantex is a Swedish company using a patented x-ray technology to deliver real-time analysis of organic materials such as wood chips, biofuel and timber. Specifically, its technology can be used to measure the level of moisture content, dry mass and energy content – data that potentially can be used by industrial clients to increase productivity and efficiency in e.g. paper mills and biofuel power plants. Mantex is headquartered Kista, Sweden. For more information, please visit www.mantex.se.
“This is a big day for Mantex, and we are very happy to finally be listed on Nasdaq First North,” said Max Gerger, CEO of Mantex. “It is a very important step for us in our mission to bring our innovative technology to the rest of the world. Thanks everyone for making it possible.”
“We welcome Mantex to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We congratulate the company on its listing, and look forward to supporting them with the increased investor exposure that comes with a Nasdaq First North listing.”
Mantex 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.
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