Stockholm, June 9, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in PiezoMotor Uppsala AB’s shares (short name: PIEZO) commenced today on Nasdaq First North in Stockholm. PiezoMotor belongs to the industrial sector and is the 37th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Founded in 1998, PiezoMotor is a developer and manufacturer of ground-breaking micro motors based on so called piezoelectric materials. Its products are used in a number of industrial sectors, including semiconductor manufacturing, optics, telecoms and medical technology. PiezoMotor has its manufacturing facility, research and development center and headquarters in Uppsala, Sweden, and operates all over the world through a global distribution network. For more information, please visit www.piezomotor.com.
“We are excited to come to Nasdaq First North,” said Johan Westermark CEO at PiezoMotor. “We look forward, with an enforced financial situation, to fulfil our initiative to increase growth in this exciting company. First we want to thank all investors for their trust in PiezoMotor. We also want to thank Nasdaq for their trust in us and their help to get PiezoMotor listed on Nasdaq First North.”
“We are excited to welcome PiezoMotor to Nasdaq First North, one of Europe’s most liquid growth markets,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “PiezoMotor joins our strong industrial sector, and we look forward to supporting the company for many years to come.”
PiezoMotor Uppsala AB has appointed Erik Penser Bank AB as 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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