press center press release



Stockholm, June 18, 2015 — Nasdaq (Nasdaq: NDAQ) announced that Pandox Aktiebolag (short name: PNDX B), a Large Cap company within the real estate sector, has started trading of its shares on the main market of Nasdaq Stockholm. Pandox is the 55th company to list at Nasdaq’s Nordic markets* in 2015.

Pandox’s business concept is to actively own, develop and lease hotel properties in Northern Europe. The company’s hotel property portfolio currently includes 104 hotels with approximately 22.000 hotel rooms across eight countries. The organization is divided into two business segments: Property management, which comprises 89 hotel properties leased on a long-term basis to both domestic and international hotel operators, and Operator activities, which includes hotel operations executed by Pandox in its 15 owner-occupied hotel properties. Each segment is further divided into the following five geographic areas: Sweden, Norway, Finland, Denmark and International, where the latter includes Pandox’s business in Belgium, Germany, Switzerland and Canada. For more information, please visit

“Pandox is returning to the exchange after twelve years as a privately owned company, and we do look forward to this,” said Anders Nissen, CEO of Pandox. “Our business model is nowadays well established and we have grown much stronger and larger during these years.”

“We are thrilled to welcome Pandox back to the exchange where they will make an exciting addition to our vibrant Financials sector,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “It is always exciting to see a new large cap company join Nasdaq Nordic and we look forward to supporting Pandox in their new journey as a publically traded company.”

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $9.5 trillion and more than 10,000 corporate clients. To learn more, visit or

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.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact:
Carl Norell
+46 8 405 6639

In This Story

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more