Stockholm, June 25, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in SolTech Energy Sweden AB’s shares (short name: SOLT) commenced today on Nasdaq First North in Stockholm. SolTech Energy belongs to the Oil & Gas sector (subsector: Renewable Energy Equipment) and is the 58th company to list at Nasdaq’s Nordic markets* in 2015.
SolTech Energy develops markets and sells a unique solar energy system that forms part of any buildings climate shell and works both as a roof and/or wall cladding, at the same time being a solar collector producing thermal heat/hot water or electricity. The company also offers state of the art thin film solar cells, standard and/or semitransparent in various shapes and forms for building integrated solutions. SolTech currently has installations in eight countries and has made significant advances in the Chinese market through a collaboration agreement with China-based Advanced Solar Power, for the establishment of a mutually owned sales company.
In the fall of 2014, SolTech acquired Wasa Rör, now being a wholly owned subsidiary, making inroads into the energy efficiency and service segment. For more information, please visit, www.soltechenergy.se
“We are delighted to be part of the Nasdaq group of companies and the advantages a public platform provides, enabling our approximately 5 600 shareholders to trade the stock. At the same time being a channel for future growth funding if needed”, said Frederic Telander, CEO of SolTech.
“We welcome SolTech Energy to Nasdaq First North and to our family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “The renewable energy sector is a rapidly growing field, and SolTech Energy is an exciting addition to our long list of entrepreneurial companies listed on Nasdaq First North.”
SolTech Energy Sweden AB has appointed G&W Kapitalförvaltining AB as the Certified Advisor.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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