Stockholm, November 26, 2014 — Nasdaq (Nasdaq: NDAQ) announced that Thule Group AB (short name: THULE), a Mid Cap company within the Consumer Goods sector, has started trading of its shares on the main market of Nasdaq Stockholm. Thule Group is, including switches, the 22nd company to list at Nasdaq’s Nordic main markets in 2014 (Nasdaq Stockholm, Helsinki, Copenhagen, and Iceland). ‘
Thule Group globally offers a wide range of premium products for active people that allow them to bring what they care most for safely, easily and in style when living an active life. Thule offers among other things roof racks, bike carriers, roof boxes, computer/camera/sports bags and child related products like child bike seats and multifunctional strollers. The products are sold in more than 136 countries world-wide. For more information, please visit www.thulegroup.com.
“We are very proud of the strong interest we have received from both the institutional investor community as well as from retail investors,” said Magnus Welander, CEO at Thule Group. “This confirms that, during the last five years, we have been very successful in developing Thule Group into a leading branded consumer goods company in the Sport&Outdoor arena and also confirms the support for our future strategy. We look forward to continuing to develop Thule Group as a publicly listed company together with our existing and new shareholders.”
”Thule is a strong and internationally recognized brand and we are proud to welcome them to the Nasdaq family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “At Nasdaq Stockholm Thule Group will gain access to both local and international investor exposure and we look forward to supporting the company in its journey as a publically traded company.”
About Nasdaq Group
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallin, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallin AS, Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Relations Contact:
+46 8 405 6639
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.