Stockholm, June 9, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Phone Family AB (PFAM) shares commenced today on First North at NASDAQ OMX Stockholm. Phone Family belongs to the Consumer Services sector and is the 18th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Founded in 2010 Phone Family is an independent, Swedish reseller of mobile telephony,TV subscriptions and broadband. The company’s mission is to become the leading independent telecom reseller by offering consumers the best possible solution through independent comparisons between offerings from operators. Phone Family is today represented in cities all over Sweden with the intent to expand further. For more information, visit www.phonefamily.se .
”We took the company public to increase the tempo of our sucessful expansion,” said Jon Hjertenstein, CEO of Phone Family. “We want to continue to aquire market shares and become the largest telecom reseller in the Nordic region/northern Europe. Our journey has just begun and access to the capital market will make the expansion easier and faster.”
“We welcome Phone Family to NASDAQ OMX and to our First North market, where we continue to see a steady inflow of new and exciting companies,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Phone Family will make a great addition to our consumer services segement and we look forward to supporting their continued journey as a publicly traded company.”
Phone Family AB is using Remium Nordic AB as Certified Adviser.
To view an interview from today’s 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.
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| Media Relations Contact: Carl Norell +46 8 405 6639 carl.norell@nasdaqomx.com |
