Stockholm, June 17, 2015 — Nasdaq (Nasdaq: NDAQ) announced that Nordax Group AB (short name: NDX), a Mid Cap company within the Financials sector, has started trading of its shares on the main market of Nasdaq Stockholm. Nordax is the 53rd company to list at Nasdaq’s Nordic markets* in 2015.
Nordax is one of the leading niche banks in the Nordic region providing unsecured consumer loans and deposit accounts to about 95,000 customers in Sweden, Norway, Finland, Denmark and Germany. Nordax’s customers are financially stable people in the prime of life. Nordax employs about 200 people, all working in one office in Stockholm. As of March 31, 2014 lending to the general public amounted to 10.3bn SEK and deposits from customers amounted to 6.5bn SEK. For more information, please visit www.nordaxgroup.com.
”We welcome all our new shareholders and look forward to be a listed company on Nasdaq Stockholm main market,” said Morten Falch, CEO of Nordax. “When we started Nordax ten years ago, we did not imagine that we would eventually become a listed company. This is an exciting day for us. We are very motivated to work hard to continue to deliver profitable growth and increase shareholder value.”
“We welcome Nordax to our main market where they will make a valuable addition to our strong Financials sector,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Nordax operates in a niche segment with great potential and we are excited to have them join the Nasdaq family of companies”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
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