Stockholm, May 18, 2015 — Nasdaq (Nasdaq: NDAQ) announced that Sportamore AB (short name: SPOR), a Small Cap company within the Consumer Services sector, has started trading of its shares on the main market of Nasdaq Stockholm. Sportamore was previously listed on Nasdaq First North (since 2012) and is the 32nd company to list at Nasdaq’s Nordic markets* in 2015.
Sportamore is the largest and fastest growing online sports shop in Sweden. In 2013 Sportamore attracted over 20 million visitors and was proclaimed the ‘e-commerce company of the year’ by Internet World and at the Nordic e-commerce awards. In 2014, Sportamore was nominated for ‘customer support of the year’ at the Nordic e-commerce awards, as well as ‘webshop of the year’ in the category 'Sports and Outdoor' by the members of Prisjakt. Sportamore sells more than 15,000 products from about 300 different brands, representing more than 30 different sports. For more information, please visit www.sportamore.se.
“We are very pleased to move up to Nasdaq's main market," said Johan Ryding, CEO of Sportamore. "We believe this is an important step in our efforts to create value for existing and future shareholders by building the best sporting goods retailer in the Nordics. We look forward to accomplishing this as a listed company on Nasdaq Stockholm.”
“It is always rewarding when companies make the move from Nasdaq First North to our main market,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. "We look forward to supporting Sportamore with the increased investor awaremess that comes with a main market listing.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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