Stockholm, November 30, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in TC TECH Sweden AB’s shares (short name: TCT) commenced today on Nasdaq First North in Stockholm. TC TECH belongs to the industrial sector and is the 83rd company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
TC TECH is a technology company that has developed its own system for the production of advanced plastic details. The company’s operations are based on an IPR-protected induction technique that makes it possible to heat and cool material, rapidly and with high precision. Initially, TC TECH has chosen to focus on systems for the production of so called Light Guide Plates (LGP) for screens and displays, and the company’s ambition is that its technology will become a new standard in the screen industry. Headquartered in Karlshamn, Sweden, the company also has an R&D site in Stockholm. For more information, please visit www.tctech.se.
"TC TECH’s listing on Nasdaq First North is of course a significant milestone for us,” said Peter Mattisson, CEO of TC TECH. “We consider this a quality mark, which proves to our international customers that TC TECH is a serious player with high financial and legal standards, and thus a market actor with long-term ambitions. We have come this far with a strong purpose; to change the way of producing advanced plastic details, worldwide. Our goal is now to achieve the highest customer satisfaction possible, while also inviting our shareholders to a successful and exciting journey. A journey we now embark on by ‘ringing the bell’ at Nasdaq First North today. To all our new and future shareholders: Welcome on board!”
“We welcome TC TECH 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. “TC TECH will make an exciting addition to our strong industrial sector, and we look forward to supporting the company with the increased investor visibility that comes with a First North listing.”
TC TECH Sweden AB has appointed Erik Penser Bankaktiebolag 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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