Stockholm, June 19, 2018 — Nasdaq (Nasdaq: NDAQ) announces that Projektengagemang Sweden AB (short name: PENG B), a small cap company within the industrial sector, today will start trading of its shares on the main market of Nasdaq Stockholm. Projektengagemang Sweden AB (“Projektengagemang”) is the 42nd company to list on Nasdaq’s Nordic markets* in 2018.
Projektengagemang is a Swedish multi-disciplinary engineering consultancy firm offering services within architecture, project management, urban planning, building design, infrastructure, industry and energy to customers in the public and private sector. The company is headquartered in Stockholm, Sweden and is represented in more than 35 regions in Sweden through approximately 50 offices, as well as in Chennai, India through its subsidiary PE-Aristi. For more information, please visit www.projektengagemang.se.
“We at Projektengagemang are very proud of the strong interest we have seen from the market; it illustrates a great confidence from investors and that we are on the right path,” said Per Hedebäck, President and CEO of Projektengagemang. “I would like to thank everyone who has contributed to building Projektengagemang to the company we are today. Many employees have been with the company since the founding in 2006 and together we have worked hard to build a company where the individuals’ responsibility, entrepreneurship and collaboration are highly valued – so huge thanks to everyone who has made this listing possible. Now we are going to continue to rapidly develop Projektengagemang, continue to grow and contribute more to our customers, our shareholders and in extension the society.”
“We welcome Projektengagemang to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Projektengagemang will make a compelling addition to our industrial sector and we look forward to stand by the company on its continued growth journey.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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