Stockholm, February 18 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that trading in Cortus Energy AB (short name: CE) shares will commence today on First North at NASDAQ OMX Stockholm. Cortus belongs to the Basic Materials sector and is the third company to be admitted to trading on First North in 2013.
Cortus business idea is to provide environmentally sound and cost-effective renewable energy gas to the process and power industries based on the patented gasification technology WoodRoll®. WoodRoll acts to reduce millions of tons of carbon released, while at the same time providing customers with substantial cost savings. For more information, visit www.cortusenergy.com.
“For us a listing on First North is a strategic step to expand and develop our business within the renewable energy market,” said Rolf Ljunggren, CEO of Cortus. “Through today’s listing we can offer existing and new shareholders a unique opportunity to take part of the future growth of Cortus as we continue to build our platform for future value creation.”
“We welcome Cortus to First North, one of Europe’s most liquid and retail focused growth markets,” said Emelie Jarnesten, head of NASDAQ OMX First North. “We continue to see a steady inflow of companies to First North, which for many companies acts as a stepping stone to NASDAQ OMX’s Nordic main market.”
Cortus Energy AB has appointed Mangold Fondkommission AB as Certified Adviser.
To view a CEO video interview with Cortus Energy click here.
- # -
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX 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.
About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century.
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 OMX's 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 OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX'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.
NASDAQ OMX Media contact:
Carl Norell +46 (8) 405 66 39