NASDAQ OMX WELCOMES PHONE FAMILY TO FIRST NORTH

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| Source: Nasdaq Nordic

Stockholm, June 9, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Phone Family  AB (PFAM) shares commenced today on First North at NASDAQ OMX Stockholm. Phone Family belongs to the Consumer Services sector and is the 18th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.

Founded in 2010 Phone Family is an independent, Swedish reseller of mobile telephony,TV subscriptions and broadband. The company’s mission is to become the leading independent telecom reseller by offering consumers the best possible solution through independent comparisons between offerings from operators. Phone Family is today represented in cities all over Sweden with the intent to expand further. For more information, visit www.phonefamily.se.  

”We took the company public to increase the tempo of our sucessful expansion,” said Jon Hjertenstein, CEO of Phone Family. “We want to continue to aquire market shares and become the largest telecom reseller in the Nordic region/northern Europe. Our journey has just begun and access to the capital market will make the expansion easier and faster.”

“We welcome Phone Family to NASDAQ OMX and to our First North market, where we continue to see a steady inflow of new and exciting companies,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Phone Family will make a great addition to our consumer services segement and we look forward to supporting their continued journey as a publicly traded company.”

Phone Family AB is using Remium Nordic AB as Certified Adviser.

To view an interview from today’s listing ceremony click here.
 

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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 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 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 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.

   

Media Relations Contact:
Carl Norell
+46 8 405 6639
carl.norell@nasdaqomx.com