Stockholm, December 20, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Svenska Aerogel Holding AB’s shares (short name: AERO) commenced today on Nasdaq First North in Stockholm. Svenska Aerogel belongs to the Basic Materials sector (Subsector: Chemicals) and is the 89th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Svenska Aerogel is a research and development company within material science that develops and commercializes Quartzene. The material can be used in in various applications and the present focus areas are insulation, coatings and filtration. Quartzene is produced with a flexible, environmentally friendly and very cost effective production method.
The commercialization is done in close cooperation with industrial partners representing different key business areas. Svenska Aerogel, with a total of 13 employees has its headquarters and production facility in Gävle and office in Stockholm.
“Nasdaq First North is a good platform for Svenska Aerogel Holding that will support our mission to bring Quartzene to the market as one of the most advanced versatile materials in the world. Quartzene will be in demand in multi-billion dollar industries worldwide. Also by doing this, we know that we are helping to create a sustainable world”, said Anders Lundström CEO of Svenska Aerogel Holding AB.
“We welcome Svenska Aerogel Holding AB to Nasdaq First North, one of Europe’s most liquid growth markets,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Svenska Aerogel is an exciting and innovative company and we look forward to supporting it with the visibility and investor exposure that comes with a First North listing.”
Svenska Aerogel Holding 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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