NASDAQ OMX WELCOMES FERRONORDIC MACHINES TO FIRST NORTH PREMIER

        Print
| Source: NASDAQ OMX Nordic

Stockholm, December 3, 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in the preference shares in Ferronordic Machines AB (FNMA PREF) commenced today on First North at NASDAQ OMX Stockholm. Ferronordic Machines belongs to the Consumer Goods sector and is the 16th company to be admitted to trading on First North in 2013. Ferronordic Machines' preference shares are traded in the First North Premier segment where companies commit to follow the disclosure rules of NASDAQ OMX Nordic’s main markets.

Ferronordic Machines began its operations in June 2010, and is the Authorized Dealer of Volvo Construction Equipment in Russia. The company has expanded across Russia and is today established in all seven federal districts. In addition to distributing and providing aftermarket support to Volvo Construction Equipment machines, the company has also been appointed Aftermarket Dealer for Volvo Trucks as well as Dealer for Volvo Penta in certain parts of Russia.

“We are excited to welcome Ferronordic Machines to First North Premier,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Ferronordic Machines makes an exciting addition to our Nordic and international members looking for new investment opportunities.”

“We are very pleased with the strong demand in our preference share,” said Lars Corneliusson, CEO of Ferronordic Machines. “This validates our performance in Russia and signals strong confidence in the future prospects of Ferronordic Machines. I am also pleased to welcome a large number of new shareholders.”

Ferronordic Machines has appointed Avanza Bank as Certified Adviser.

To view a CEO interview from the Ferronordic Machines listing ceremony click here.

 

About NASDAQ OMX Group

NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.

 

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  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, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.