Stockholm 05-13-2009
PRESS RELEASE
This announcement is not an offer of securities for sale in the United States
nor in any other country, and securities may not be offered or sold in the
United States absent registration or an exemption from registration under U.S.
Securities Act of 1933, as amended, and the rules and regulations thereunder.
Nor does it constitute or form part of, and may not be used for the purposes of,
any offer or invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for, any securities by any person in any jurisdiction, nor
shall it or the fact of its distribution form the basis of, or be relied upon in
connection with, or act as any inducement to enter into, any contract or
commitment to do so, in which (i) such offer or invitation is not authorised; or
(ii) in which the person making such offer or invitation is not qualified to do
so; or (iii) to any person to whom it is unlawful to make such offer or
invitation.
NAXS to be traded on First North Premier
As of May 18, 2009, NAXS Nordic Access Buyout Fund AB will be moving from First
North to First North Premier, part of the NASDAQ OMX Nordic Exchange.
First North Premier is a segment targeted to companies that make a conscious
decision to comply with higher disclosure and accounting standards than the
regular First North rules. NAXS is applying the IFRS accounting standards since
January 1, 2009.
NAXS started trading on First North in May 2007 and has since then committed all
of its equity to a diversified portfolio of six buyout funds: Apax Europe VII,
FSN Capital III, Herkules Private Equity Fund III, Intera Fund I, Nordic Capital
Fund VII and Valedo Fund I. As of March 31, 2009, equity per share amounted to
SEK 38.62 and cash per share amounted to SEK 29.17.
Contact
Jeff Bork, CEO, NAXS Nordic Access Buyout Fund AB, tel: +46 761-000 000
NAXS operates as a fund-of-funds with investments in Nordic buyout funds. The
objective is to make the Nordic private equity market accessible for a broader
range of investors, while offering liquidity through the Company's publicly
traded shares. The investment strategy is oriented towards a selective but
diversified fund portfolio. The Company's Certified Advisor on First North is E.
Öhman J:or Fondkommission AB.