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.
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