Stockholm, April 20, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Matra Petroleum AB’s shares (short name: MATRA) commenced today on Nasdaq First North in Stockholm. Matra Petroleum belongs to the oil and gas sector and is the 30th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Matra Petroleum is an independent oil and gas exploration and production company operating in the United States. The company currently owns and operates 136 leases located in the Texas Panhandle region through its fully owned US subsidiary, and its business idea is to exploit its existing reserves, commercialize and develop discoveries and pursue selective acquisitions. Matra Petroleum is headquartered in Stockholm, Sweden. For more information, please visit www.matrapetroleum.com.
“Pursuing a listing in Stockholm is an exciting next step for Matra, by which we expect to benefit from a broader shareholder base, increased awareness and access to the capital markets,” said Maxim Barskiy, CEO of Matra Petroleum AB. “I look forward to taking part in the company’s continued development as a listed company.”
“We welcome Matra Petroleum to our European growth market, 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.”
Matra Petroleum AB has appointed Mangold Fondkommission 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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