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NASDAQ STOCKHOLM WELCOMES ALIMAK GROUP TO THE MAIN

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Post# of 301275
Posted On: 06/17/2015 4:15:06 AM
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Posted By: News Desk 2018
NASDAQ STOCKHOLM WELCOMES ALIMAK GROUP TO THE MAIN MARKET

Stockholm, June 17, 2015 — Nasdaq (Nasdaq: NDAQ) announced that Alimak Group AB (short name: ALIG), a Mid Cap company within the industrials sector, has started trading of its shares on the main market of Nasdaq Stockholm. Alimak Group AB (“Alimak”) is the 52 nd company to list at Nasdaq’s Nordic markets* in 2015.

Alimak is a global market leader and pioneer in designing, developing, manufacturing, distributing and servicing industrial rack-and-pinion vertical access solutions. The Company provides high quality hoists, elevators and platforms primarily for the industrial and construction sectors. Alimak has a global sales, services and distribution platform across more than 50 countries and strong market positions. The Company has a well-established and resilient After Sales business and its large global installed base of ca. 21,000 units provides unique know-how into its customers’ needs. Alimak was founded in 1948, is headquartered in Stockholm and employs over 1,100 people across the world. The Company had revenues of SEK 1.7 billion in 2014. For more information please visit: www.alimakgroup.com .

“We are very happy and proud of the significant interest shown in the company from institutional investors and from the general public,” said Tormod Gunleiksrud, CEO of Alimak. “The large demand from high quality investors in both Sweden and internationally is a confirmation of Alimak’s development until today as well as our strategy going forward. We are very much looking forward to running Alimak as a listed company.”

“We welcome Alimak Group to our main market and to our world leading Nordic industrials sector,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We look forward to supporting Alimak Group in benefiting from the increased investor visibility that comes with a main market listing.”

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq 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 is home to more than 3,500 listed companies with a market value of over $9.5 trillion and more than 10,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com .

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

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 and its 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's control. These factors include, but are not limited to factors detailed in Nasdaq'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 Relations Contact: Christina Malmberg Hägerstrand +46 8 405 65 83 christina.hagerstrand@nasdaq.com  


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