Stockholm, October 23 2013 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Mindmancer AB (MIND) shares will commence today on First North at NASDAQ OMX Stockholm. Mindmancer belongs to the Technology sector and is the 13th company to be admitted to trading on First North in 2013.
Mindmancer is one of the leading providers of intelligent camera surveillance in the Swedish and Nordic markets. Sprung from research at Chalmers Technical University in Sweden, Mindmancer’s technology focuses on surveillance of buildings, properties and schools. The company has operations in Sweden, Finland, Norway, Denmark and Poland, as well as delivery to the U.S. and other parts of Europe.
“Today’s listing represents a milestone in Mindmancer’s history and we are of course thrilled that the IPO was oversubscribed by as much as 260 percent,” said Johnny Berlic, CEO of Mindmancer. “The strong interest in our IPO proves that our business model is well received by the market, but also that the public market truly is a sustainable alternative for young and innovative companies.”
“We welcome Mindmancer to NASDAQ OMX First North where they will trade on one of Europe’s most liquid growth markets,” said Adam Kostyal, Senior Vice President and head of European listings at NASDAQ OMX. “Mindmancer is one of many entrepreneurial firms that have chosen to list at First North, where we continue to see a steady inflow of new and exciting companies that are looking to raise capital in the public market.”
Mindmancer has appointed Remium Nordic AB as Certified Adviser. To view a CEO interview from the Mindmancer listing ceremony click here .
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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.
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Media contact: Carl Norell +46 8 405 66 39 carl.norell@nasdaqomx.com
