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NASDAQ OMX Welcomes Ginger Oil to First North St

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Post# of 301275
Posted On: 10/18/2013 7:15:11 AM
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Posted By: News Desk 2018
NASDAQ OMX Welcomes Ginger Oil to First North

Stockholm, October 18 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Ginger Oil AB (GOIL) shares will commence today on First North at NASDAQ OMX Stockholm. Ginger Oil was previously listed at NGM. Ginger Oil belongs to the Oil & Gas sector and is the 12th company to be admitted to trading on First North in 2013.

Founded in 1997, Ginger Oil AB is an oil company that actively explores and exploits oil- and natural gas resources. A majority of its operations are located in the U.S. in the states of Arkansas, Louisiana, Michigan and Texas.

”We expect that our move to NASDAQ OMX First North will act to increase interest for our shares and the company as a whole among new investor groups, customers as well as the media,” said Åke Andersson, CEO of Ginger Oil. “In addition, by joining the NASDAQ OMX family of companies we hope to create a better foundation for future potential capital raising activities.” 

“Ginger Oil joins one of Europe’s most liquid growth markets where they will trade on the same platform as several industry peers,” said Adam Kostyal, Senior Vice President and head of European listings at NASDAQ OMX. “It is rewarding to see a continued inflow of listings to First North and we look forward to supporting Ginger Oil in maximizing its exposure to both local and global investor communities.”

Ginger Oil has appointed Erik Penser Bankaktiebolag as Certified Adviser.  

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About First North First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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 OMX The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 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-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges 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 3,300 listed companies worth $5.1 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.  NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius.

To learn more, visit www.nasdaqomx.com . Follow us on Facebook ( http://www.facebook.com/NASDAQ ) and Twitter ( http://www.twitter.com/nasdaqomx ). (Symbol: NDAQ and member of S&P 500)

  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 OMX's 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 OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX'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 contact: Carl Norell +46 8 405 66 39 carl.norell@nasdaqomx.com



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