Stockholm, December 15, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Genova Property Group AB’s preference shares (short name: GPG PREF) commenced today on Nasdaq First North Premier in Stockholm. Genova Property Group belongs to the financial sector and is the 94 th company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Genova Property Group is a modern real estate company specialized in design and innovative architecture. The company is active in all phases of property investments – from acquisitions to property management and development. The group is divided into three main business areas; commercial real estate, residential building development, and community service properties. With headquarters in Stockholm, Sweden, Genova Property Group primarily focuses on the Stockholm and Uppsala regions. For more information, please visit www.genova.se .
“After a successful preference shares issue, we are pleased to start trading on First North Premier” said Andreas Eneskjöld, CEO of Genova Property Group. “This is another important step on the way to gear up the company's business to a new level. We also hope that the listing will lead to even more people becoming aware of Genova Property Group, both as an interesting investment, a long-term real estate manager and a developer of exciting residential building projects.”
“We welcome Genova Property Group to Nasdaq First North and to our family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong inflow of real estate companies using the public markets to raise capital, and Genova Property Group is a perfect example of yet another exciting addition to this list.”
Genova Property Group AB has appointed Avanza Bank AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq 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: Christina Malmberg Hägerstrand +46 8 405 65 83 christina.hagerstrand@nasdaq.com |
