Stockholm, December 18, 2014 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Prime Living AB:s preference shares (shortname:PRIME PREF B) commenced today on First North at Nasdaq Stockholm. Prime Living belongs to the Financials sector and is the 47th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Prime Living develops profitable student housing for the Nordic market with a unique concept which allows shorter production times and lower costs. The goal is to reach an annual production of approximately 1,000 apartments by 2015 and thereby become one of the leading players in the Nordic market.
For more information, please visit www.primeliving.se.
“I’m pleased to see the oversubscription of our preference share, and the large interest for Prime Living in general”, said Jan Severa, CEO of Prime Living. “This is important as we plan to list the ordinary share during 2015.”
“We welcome Prime Living to Nasdaq First North,” said Adam Kostyál, Senior Vice President and head of European listings at Nasdaq. “We are pleased that Prime Living has chosen to follow up its First North bond listing with a listing on our equity market. Prime Living is one of several real estate companies this year to join the Nasdaq-family and leverage the advantages of a unique investor exposure in a publicly traded environment.”
Prime Living has appointed Mangold Fondkommission AB as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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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