Stockholm, June 27, 2014 — NASDAQ OMX (NASDAQ:NDAQ) announced that Scandi Standard AB (short name: SCST), a Mid Cap company within the Consumer Goods sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. Scandi Standard is, including switches, the 17th company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen; and Iceland).
Scandi Standard is a Scandinavian market-leading food company in the segment for chicken-based food products. With 1,700 employees and annual revenues of 5.2 billion SEK, the company has operations in Sweden, Denmark and Norway. Strong Scandi Standard brands include Kronfågel, Danpo and Den Stolte Hane. For more information, visit www.scandistandard.com.
“Over recent weeks we have been presenting Scandi Standard to a large number of institutional investors in Scandinavia and internationally and we are delighted with the unequivocally positive response that we have received,” said Leif Bergvall Hansen, CEO of Scandi Standard. “We see this as a strong endorsement of the strength of Scandi Standard and our strategy to get Scandinavians to eat chicken once more per week and at the same time make the business more cost efficient.”
”We welcome Scandi Standard to NASDAQ OMX Stockholm where we continue to see a strong inflow of new exciting companies,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Scandi Standard will make an interesting addition to our consumer goods sector and we look forward supporting them with the investor exposure that comes with being a main market company.”
To view a CEO interview from the 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 70 marketplaces in 50 countries, and approximately 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. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit www.nasdaqomx.com.
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