Stockholm, October 28, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Tobin Properties’ shares (short name: TOBIN) commenced today on Nasdaq First North Premier in Stockholm. Tobin Properties belongs to the financial sector and is the 66th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Tobin Properties is a real estate development company aiming to develop functional and well-designed apartments for modern urban residents, with a focus on attractive residential locations, primarily in Stockholm's inner suburbs. The company currently has 20 projects in its property portfolio consisting of approximately 2 200 apartments with an estimated developed value of SEK 10 900 m. Tobin Properties is headquartered in Stockholm. For more information, please visit www.tobinproperties.se
"The interest from the investors we have met during this listing process has been very positive and we are both pleased and proud that Tobin Properties is taking this step”, says Erik Karlin, CEO Tobin Properties. “We are confidently looking forward to continue to develop the company by investing in existing and new projects and thus contribute to a positive and exciting urban development".
“We welcome Tobin Properties to Nasdaq First North Premier, one of Europe’s most liquid growth markets,” says Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We are happy to have Tobin Properties with us and we look forward to supporting the company with the visibility and investor exposure that comes with a First North Premier listing.”
Tobin Properties AB has appointed Avanza Bank AB as their 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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