Stockholm, June 21, 2018— Nasdaq (Nasdaq: NDAQ) announces that the trading in Midsummer AB’s shares (short name: MIDS) will commence today on Nasdaq First North in Stockholm. Midsummer belongs to the oil and gas sector and is the 44th company to be admitted to trading on Nasdaq’s Nordic markets* in 2018.
Midsummer provides complete solutions for manufacturing high efficiency lightweight and flexible solar cells and solar panels. With Midsummer’s technology, the client is able to manufacture cost effective and customized solar panels which can be attached on any type of surfaces, such as; membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers or other infrastructure projects. Midsummer was founded in 2004 and is headquartered in Stockholm, Sweden. For more information, please visit www.midsummer.se.
"The IPO and new share issue enable us to invest further in our production and continue our expansion,” said Sven Lindström, CEO of Midsummer. “We welcome all new shareholders to our company and our journey to reach the great potential of our innovative products in a global fast-growing market – which can help make the planet a little greener.”
”We congratulate Midsummer on its successful Nasdaq First North listing,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “Midsummer operates in an exciting field and we look forward to supporting them for many years to come.”
Midsummer 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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