Stockholm, June 2, 2010 - NASDAQ OMX (NASDAQ:NDAQ) announces that Byggmax Group
AB (BMAX), a mid cap company within the Consumer Discretionary sector, today
starts trading of its shares on the main market of NASDAQ OMX Stockholm.
Byggmax is the seventh company to list on NASDAQ OMX Nordic markets in 2010,
and the second IPO this year.
Byggmax is one of the largest building material chains for consumers in the
Nordics. Since its launch in 1993 Byggmax has established 68 stores in the
Nordic region. Byggmax's business concept has consistently been based on the
idea to offer a cost-efficient alternative for consumers in need of
high-quality construction materials. Sales amounted to about SEK 2.4 billion in
2009. For more information, visit www.byggmax.se.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “We welcome Byggmax
and look forward to providing them with the strong liquidity and visibility
advantages that comes with a listing at our main market. Byggmax is a company
that already has a strong brand and reputation on the Nordic retail market and
will make a great investment addition to our consumer sector.”
Byggmax's CEO, Magnus Agervald commented, “During a busy two weeks, in a
volatile market, we have met great interest in Byggmax, our strong business
model and the offer both in Sweden and abroad. It is satisfying to see both
retail investors and a number of well-established Swedish and international
institutions as new shareholders creating a broad ownership base with more than
4,000 shareholders. We look forward to continuing Byggmax's growth and
expansion in a listed-company environment.”
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CONTACTS:
The NASDAQ OMX Group, Inc.
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
