Nasdaq’s Nordic Exchanges Achieve Record First Half of the Year for New Listings


Stockholm, July 6, 2017 — Nasdaq (Nasdaq: NDAQ) welcomed a record breaking 67 new listings to its Nordic markets* in the first and second quarter of 2017, raising 2.0 billion EUR in risk capital. This makes the first six months of 2017 the strongest first half of the year ever in terms of new listings at Nasdaq’s Nordic Exchanges.

“Nasdaq Nordic has maintained its position as the leading growth hub for small and medium-sized enterprises across Europe,” said Adam Kostyál, SVP & Head of European Listings at Nasdaq. “While Sweden has kept its momentum with the majority of all new listings, it has been particularly exciting to see the Danish SME market pick up this year, with two companies entering Nasdaq First North Copenhagen in June.”     

Twenty-two of the new Nordic listings in Q1 and Q2 occurred on the main market, while 45 occurred on Nasdaq First North. In addition, a total number of six companies – including three in Finland – have switched from Nasdaq First North to the main market during the first six months of the year.

Nasdaq also continues to see an interest from international companies looking to list at Nasdaq Stockholm, with five of the listed companies in 2017 being based in countries other than Sweden.

“Macro-economic uncertainties in other regions combined with the strong IPO environment in the Nordics have had a ripple effect in the sense that companies from other regions are interested in our offering,” said Kostyál. “Our pipeline for the second half of 2017 remains strong and includes around 10 percent non-Nordic companies. As long as the current environment remains resilient, I expect a busy fall for new listings.”  

 

First Half of 2017, Nasdaq Nordic Listings highlights**

  Main Market (MM) Nasdaq First North (FN) 1H 2016 (MM + FN)
Total New Listings*** 22 45 50
Initial Public Offerings 13 37 33
Switches from Nasdaq First North**** 6 - 3
Capital Raised (Bn EUR) 1.6 0.4  4.2
Largest IPOs (capital raised, million EUR) Munters Group (414)
Ambea (209)
Medicover (208)
Trianon (51)
Isofol Medical (45)
Logistea (31)
Dong Energy (2300)
Sectors with most listings Industrials
Healthcare
Financials
Healthcare
Technology
Financials
Healthcare

 

First Half of 2017, Nasdaq Stockholm Listings highlights**

  Main Market (MM) Nasdaq First North (FN) 1H 2016 (MM + FN)
Total New Listings*** 17 39 38
Initial Public Offerings 11 31 27
Switches from Nasdaq First North**** 3 - 1
Capital Raised (Bn SEK) 13.6 2.8 10.9
Largest IPOs (capital raised, million SEK) Munters (4039)
Ambea (1992)
Medicover (2031)
Trianon (500)
Isofol Medical (430)
Logistea (300)
Resurs Holding (3571)
Sectors with most listings Industrials
Healthcare
Consumer Goods
Healthcare
Technology
Financials
Healthcare

* Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
**Data Source: Nasdaq Nordic, Econ & Stat Research
***Includes IPOs as well as switches from other markets to Nasdaq Nordic main markets and First North.
****Includes switches from Nasdaq First North to the main market

 

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 global provider of trading, clearing, exchange technology, listing, information and public company services. 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 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://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