Press release, November 9, 2007
The Nordic Exchange welcomes KIF Håndbold Elite to First North
Today the trading in KIF Håndbold Elite's shares commence on First North in
Copenhagen. Including KIF Håndbold Elite First North now comprises 123
companies.
The handball club, KIF Håndbold Elite, was founded in 1998 with the purpose to
run professional elitist handball. A growing interest and thereby a growing
commercialization of the sport meant that the level of ambition rose within the
club.
The purpose of joining First North is to financially strengthen the net capital
in order to secure the continuing growth. The joint ownership of Kolding
Hallerne will secure the facilities for the players, sponsors and the audience
and thereby also strengthen the business of the club further.
”We are happy to welcome KIF Håndbold Elite to First North. The company will be
registered under the sector Consumer Discretionary and is the second handball
club to join First North within a short time,” says Jan Ovesen, President, OMX
Nordic Exchange Copenhagen.
A round lot of shares in KIF Håndbold Elite, whose short name is KIF B, amounts
to 50. The company is included in the sector Consumer Discretionary.
For further information, please contact
Camilla Rich, OMX Nordic Exchange Copenhagen +45 33 77 04 32
About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange comprises over 800 companies including its alternative market First
North. OMX provides technology to over 60 exchanges, clearing organizations and
central securities depositories in over 50 countries. The Nordic Exchange is
not a legal entity but describes the common offering from OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a
Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange.
For more information, please visit www.omxgroup.com.
