Stockholm, March 15, 2018— Nasdaq (Nasdaq: NDAQ) announces that the trading in Zutec Holding AB’s shares (short name: ZUTEC) will commence today on Nasdaq First North in Stockholm. Zutec Holding AB (“Zutec”) belongs to the technology sector and is the 10th company to be admitted to trading on Nasdaq’s Nordic markets* in 2018.
Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. Its products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings. Zutec is headquartered in Dublin, Ireland. For more information, please visit www.zutec.com.
"We at Zutec are very excited about embarking on this journey,” said Brendan O’Riordan, CEO of Zutec. “The Nasdaq listing is central to our expansion plans and it has been an extremely rewarding experience so far. Our entire team are proud to be a Nasdaq First North company."
”We welcome Zutec to Nasdaq First North, our junior market specifically designed for European growth companies,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “Zutec is the first Irish company ever to list on Nasdaq First North, and is yet another example of an international company looking to leverage Nasdaq Nordic as a platform for continued growth. Zutec joins our strong technology sector and we look forward to supporting the company with the visibility and investor exposure that comes with a Nasdaq First North listing.”
Zutec Holding AB has appointed Remium Nordic Holding AB 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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