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.
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, 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 $8.8 trillion and more than 10,000 corporate clients. To learn more, visit http://business.nasdaq.com/.
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:|
|+46 8 405 6639|
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.