Stockholm, September 29, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Serstech AB’s shares (short name: SERT) commenced today on Nasdaq First North in Stockholm. Serstech belongs to the Industrial sector and is the 58th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Serstech is a technology company specialized in chemical intelligence solutions. The company develops both software and hardware solutions that allow users to manage, analyse, store and share chemical information. Its handheld Raman spectrometer and IT platforms can be used by e.g. police sergeants, forensic technicians and firemen to identify the presence of explosives or narcotics in a certain item. Serstech was founded in 2006 and is headquartered in Lund, Sweden. For more information, please visit www.serstech.com.
”Being listed on the Nasdaq First North market will make us more attractive to a broader category of investors,” said Mikael Wanland, CEO of Serstech. “It will also assist us in our international marketing efforts given the global brand recognition enjoyed by Nasdaq.”
“We welcome Serstech to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong inflow of innovative companies leveraging Nasdaq First North as a platform for future growth, and Serstech is a perfect example of that.”
Serstech AB has appointed Västra Hamnen Corporate Finance AB as the 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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