Nasdaq Stockholm Welcomes Fram to First North


Stockholm, October 12, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Fram Skandinavien AB’s shares (short name: FRAM B) commenced today on Nasdaq First North in Stockholm. Fram Skandinavien AB (“Fram”) belongs to the Technology sector and is the 87th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.

Fram is a Swedish-Vietnamese Venture Building & IT-development company with operations in broader South East Asia. Fram was founded and built by passionate company builders and top talented engineers. Fram has offices in central Saigon and Da Nang, Vietnam, and currently employs around 50 professionals globally. For more information, please visit www.corporate.wearefram.com.

“This is a great day for all of us in Fram and it really marks a new era for us as a public company," said Max Bergman, CEO & Co-founder of Fram. "We are both excited and humbled by the great interest in Fram so far and we look forward to building a strong company with the help of our new shareholders.” 

“We welcome Fram to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Fram joins our strong and growing technology sector, and we look forward to stand by them on their journey as a public company.”

Fram Skandinavien AB has appointed Mangold Fondkommission 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 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 89 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.

Cautionary Note Regarding Forward-Looking Statements

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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