Stockholm, June 16, 2014 — NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Mavshack AB (MAV) shares commenced today on First North at NASDAQ OMX Stockholm. Mavshack, previously listed at Aktietorget, belongs to the Consumer Services sector and is the 21st company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Mavshack with offices in Stockholm, Dehli, Los Angeles, Manila and Jakarta, is a streaming platform providing online access to various Asian content via its web portal. Mavshack aims to be the biggest Asian content provider, accessible globally. In January 2014 the catalogue of content available on Mavshack.com was over 3 000 titles. For more information, visit www.mavshack.com .
“As a truly global company our listing at NASDAQ OMX First North gives us more visibility and reach," said Jonas Litborn, CEO of Mavshack. "It also opens up for investments from institutional investors in Mavshack.”
“We welcome Mavshack to NASDAQ OMX First North and to our Consumer Services sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Mavshack is one of many innovative growth companies that have opted for a listing at First North and we look forward to supporting them in their continued journey as a publicly traded company.”
Mavshack AB has appointed Erik Penser Bankaktiebolag 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.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com .
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.
| Media Relations Contact: Carl Norell +46 8 405 6639 carl.norell@nasdaqomx.com |
