Stockholm, January 15, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Saltängen Property Invest AB:s shares (shortname: SAPIAB) commenced today on First North at Nasdaq Stockholm. Saltängen Property Invest belongs to the Financials sector and is the second company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Saltängen Property Invest is a Swedish real estate company indirectly owning, managing and letting the property Saltängen 1 in Västerås. The Property is fully leased to ICA Fastigheter Sverige AB on a long term lease. The Property encompasses a total land area of 232,686 sqm. The Property’s location has strategic importance to the tenant, as it is one of ICA’s two central logistics distribution centres in Sweden. The most significant costs and revenues are fixed and the cash flow is positive. For more information, please visit www.saltangenpropertyinvest.se.
“Through our listing on First North we make it possible for a wider audience to take part of this innovative opportunity to invest in a property with a strong tenant on a long term lease”, said Stefan Björkqvist, CEO of Saltängen Property Invest AB.
“We welcome Saltängen Property Invest to First North and our Nasdaq-family of companies,” said Adam Kostyál, Senior Vice President and head of European listings at Nasdaq. “We continue to see a strong interest for the public markets within the real estate sector and today’s listing underlines that trend.”
Saltängen Property Invest has appointed Wildeco Ekonomisk Information AB.as Certified Adviser.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (First North Denmark is regulated as an alternative marketplace). 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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