Stockholm, December 18, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Oboya Horticulture Industries AB’s shares (short name: OBOYA B) will commence today on Nasdaq First North in Stockholm. Oboya Horticulture Industries (“Oboya”) belongs to the consumer goods sector and is the 114th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Oboya is an international group operating in manufacturing and sales of consumables to the cultivation industry, home cultivation and indoor environment. The group consists of seventeen companies all operating in production and sales of products to the horticulture business, and its strategy is to grow both organically and through strategic acquisitions. Oboya was founded in 2006 and is headquartered in Stenkullen, Sweden. For more information, please visit www.oboya.se.
"The listing on Nasdaq First North is an important step on Oboya Horticulture's growth journey,” said Mikael Palm Andersson, CEO of Oboya Horticulture Industries. “Nasdaq is a global and well-known brand, which enables increased visibility on the financial market and makes it easier for institutions and international investors to become shareholders in the company. We are looking forward to welcome additional shareholders to join us on our journey.”
“We welcome Oboya to our European growth market, Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Oboya will make an exciting addition to our consumer goods sector, and we look forward to stand by them on their continued journey as a Nasdaq listed company.”
Oboya Horticulture Industries AB has appointed Erik Penser Bank 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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