Stockholm, July 14, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in North net connect AB’s shares (short name: NORNET B) commenced today on Nasdaq First North in Stockholm. North net connect belongs to the telecommunications sector and is the 72nd company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
North net nonnect offers mobile communications solutions to property owners, companies, and public sector organizations. The company specializes in local mobile and carrier-grade Wi-Fi networks, as well as mobile services and integration of business and process systems. North net connect is headquartered in Stockholm, Sweden and primarily operates across Sweden. For more information, please visit www.northnetconnect.se.
“Through the listing on Nasdaq First North, there are several opportunities to quickly reach a broader market through access to the capital market and wider publicity,” said Rikard Slunga, CEO of North net connect. “For us, this is a big step towards a faster development of the company.”
“We welcome North net connect 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 successful listing, and look forward to supporting them on their continued journey as a publicly traded company.”
North net connect 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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