Stockholm, December 1, 2014 — Nasdaq (Nasdaq: NDAQ) announces that the trading in VA Automotive AB (shortname: AUTO) shares commenced today on First North at Nasdaq Stockholm. VA Automotive belongs to the Consumer Goods sector and is the 42nd company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
VA Automotive is a company group that operates mainly within the vehicle industry. The group focuses on three strategically important business areas: tool engineering, automation and components/systems solutions. VA Automotive operates in three locations in Sweden and two in China. For more information, visit www.va-automotive.com.
“I would like to welcome all our new shareholders and at the same time express our gratitude for the trust in VA Automotive that they have displayed by investing in our company,” said Lars Thunberg, chairman at VA Automotive. “The process of being listed at First North is one step ahead to reach the main market list. Structure and strategi will shape VA Automotive into the future and to reach our our goals.”
“We welcome VA Automotive to First North and to our family of Nasdaq-listed companies,” said Adam Kostyal, Senior Vice President and head of European listings at Nasdaq. “VA Automotive will make a valuable addition to our consumer goods sector, and we look forward to supporting the company in its endavour as a publically traded company.”
VA Automotive has appointed Avanza Bank AB as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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.
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.nasdaqomx.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB 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. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
+46 8 405 6639
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.