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NASDAQ OMX Helsinki welcomes Orava Residential Rea

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Post# of 301275
Posted On: 10/14/2013 3:15:16 AM
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Posted By: News Desk 2018
NASDAQ OMX Helsinki welcomes Orava Residential Real Estate Investment Trust Plc

Helsinki, October 14, 2013 - NASDAQ OMX (NASDAQ: NDAQ) announced that trading in Orava Residential Real Estate Investment Trust Plc (OREIT) shares commenced today on the main market of NASDAQ OMX Helsinki. Orava Residential Real Estate Investment Trust is a small cap company within the sector Financials, and it was founded in 2010.

Orava REIT is the first Real Estate Investment Trust company in Finland. The company invests mainly in rental apartments in large and medium-sized cities in Finland. Its operations are regulated by the Act on Real Estate Fund and the Act of REIT Tax Exemptions set requirements to the operations. The company distributes dividends four times a year, based on the results for the previous financial year. Orava REIT has more than 1,500 shareholders and it owns more than 650 apartments. More information, visit www.oravaasuntorahasto.fi .

Veli Matti Salmenkylä, CEO of Orava Residential Real Estate Investment Trust Plc, commented: “We are pleased to be the first Finnish REIT on NASDAQ OMX Helsinki. Through our listings all investors will have easy and efficient access into real estate market. ”

Lauri Rosendahl, President of NASDAQ OMX Helsinki, said: “We would like to extend a warm welcome to Orava which is an exciting addition to our main market at NASDAQ OMX Helsinki. We congratulate Orava on the successful completion of its IPO and look forward to a lasting partnership with the company and its shareholders.”

About NASDAQ OMX Group

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth more than $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily.  Welcome to the NASDAQ OMX Century.  To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control.  These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

MORE INFORMATION: Maarit Bystedt tel. +358 (0)9 6166 7274 maarit.bystedt@nasdaqomx.com



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