Stockholm, May 26, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Clean Motion AB’s shares (short name: CLEMO) commenced today on Nasdaq First North in Stockholm. Clean Motion belongs to the consumer goods sector and is the 30 th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Clean Motion is a Swedish company specialized in developing and selling sustainable vehicles. Its electric vehicle, Zbee, is ultra-light to reach maximum efficiency, and the company’s overall vision is to further develop sustainable and affordable vehicles to meet the transportation needs of the 21 st century. Clean Motion is headquartered in Lerum, Sweden, and has received a number of awards for its innovations, including the WWF Climate Solver Award and the Zennström Green Mentorship Award. For more information, please visit www.cleanmotion.se .
“We are excited to be listed on Nasdaq First North and this is one important milestone for the company,” said Göran Folkesson, CEO of Clean Motion. “The listing will increase the awareness of not only the company, but also sustainable transportation as an important part of a better future based on resource and energy efficient vehicles. We will now intensify our efforts on increasing production volumes and recruiting more talent to scale up operations.”
“We welcome Clean Motion to Nasdaq First North, our Nordic growth market” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Clean Motion is a perfect example of yet another entrepreneurial company entering Nasdaq First North, and we look forward to supporting them on their journey as a publicly listed company.”
Clean Motion AB has appointed G&W Kapitalförvaltning 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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