Stockholm, December 5, 2018— Nasdaq (Nasdaq: NDAQ) announces that the trading in Storytel AB’s shares (short name: STORY B) will commence today on Nasdaq First North in Stockholm. Storytel belongs to the consumer services sector and is the 77th company to be admitted to trading on Nasdaq’s Nordic markets* in 2018.
Storytel is a digital platform provider as well as a comprehensive publishing group for both content creators and users, allowing the company to bring together the best of technology and publishing. The company consists of two divisions, Streaming and Print Publishing. The Streaming division offers an audio-book and e-book subscription service under the names Storytel and Mofibo, available in 15 markets across the globe. The Print Publishing division comprises physical book imprints such as Norstedts, Massolit and Printz Publishing. Storytel was founded in 2005 and is headquartered in Stockholm, Sweden. For more information, please visit www.storytel.com.
"We are happy to be welcomed by Nasdaq First North, it feels like a natural step following Storytel's growth,” said Jonas Tellander, CEO and founder of Storytel. “This will make investment easier for investors, and also for employees all around the world, which I am extra happy about."
“We welcome Storytel to Nasdaq First North, our European growth market,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “Storytel operates in an exciting and fast growing field, and we look forward to supporting the company with the increased visibility and investor exposure that comes with a Nasdaq First North listing.”
Storytel AB has appointed FNCA Sweden 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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