Stockholm, December 8, 2014 — Nasdaq (Nasdaq: NDAQ) announced that Munksjö Oyj (short name: MUNK1S), a Mid Cap company within the Basic Materials sector, has listed at Nasdaq Stockholm. Munksjö has since 2012 its primary listing at Nasdaq Helsinki and is as of today dual-listed on Nasdaq Stockholm.
The Munksjö Group is an international specialty paper company with a unique product offering for a large number of industrial applications and consumer-driven products. Founded in 1862, Munksjö is among the leading producers in the world of high-value added papers within attractive market segments such as decor paper, release papers, electrotechnical paper, abrasive backings, graphic and industrial paper and interleaving paper. The company forms a global service organisation with 15 production facilities; located in Brazil, China, France, Germany, Italy, Spain and Sweden, approximately 3,000 employees and sales offices all around the world. For more information, visit www.munksjo.com.
“I feel very happy that Munksjö today is back on the stock exchange in Stockholm,” says Munksjö's President and CEO Jan Åström. “The dialogue with both institutional and private investors in Sweden has been active and the interest in a secondary listing has been high. The aim of the secondary listing is to facilitate trading in Munksjö's shares for both current and new shareholders. I now look forward to also show the Swedish shareholders what our smart paper technology is about.”
”We are excited that Munksjö becomes dual-listed at Nasdaq Stockholm, thus enabling Swedish investors to trade its shares in local currency,” said Adam Kostyál, Senior Vice President and head of European listings at Nasdaq. “Munksjö’s dual listing at Nasdaq Stockholm allows the company to broaden its shareholder-base and we hope that other companies will follow their example.”
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