Nasdaq Stockholm Welcomes MaxFast Properties to First North


Stockholm, June 29, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in MaxFast Properties AB’s shares (short name: MAXF) commenced today on Nasdaq First North in Stockholm. MaxFast Properties (“MaxFast”) belongs to the Financial sector and is the 49th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.

Founded in 2013, MaxFast is a real estate company specialized in acquiring and further developing commercial properties. The current portfolio consists of 13 properties in eight different regional towns, representing a total, rentable area of approximately 70 000 square meters. MaxFast is headquartered in Torshälla, Sweden, and primarily operates in the central parts of Sweden. For more information, please visit www.maxfast.se.

“MaxFast has a solid profitability and as we now have been admitted to trading at Nasdaq First North, we see enriched possibilities of further developing and expanding our business,” said Robert Engwall, CEO of MaxFast. “MaxFast aims to grow its portfolio of commercial properties by 40 percent within the next year, while maintaining solid profit margins.”

“We welcome MaxFast to our Nordic growth market, Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see an inflow of real estate companies leveraging the public market as a platform for future expansion, and MaxFast is a perfect example of that.”

MaxFast Properties AB has appointed Erik Penser Bank AB as the Certified Adviser.

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq First North

Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq 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
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq 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 is home to more than 3,700 listed companies with a market value of over $9.3 trillion and nearly 17,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

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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 and its 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's control. These factors include, but are not limited to factors detailed in Nasdaq'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.

Media Relations Contact:
Erik Granström
+46 8 405 78 07
erik.granstrom@nasdaq.com
 

 


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