Nasdaq Stockholm Welcomes MediRätt AB to First No
Post# of 301275
Stockholm, December 22, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in MediRätt AB’s shares (short name: MEDR B) commenced today on Nasdaq First North in Stockholm. MediRätt belongs to the Health Care sector and is the 92 nd company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
MediRätt AB researches, develops, and markets medical products in Sweden and internationally. The company offers MediKoll, a Web-based application, which reduces the risks of drug poisoning among elderly. It also provides Dosell, a drug dispenser that reminds the patient when it is time to take medicine and alarms if the patient has forgotten to take it at two consecutive prescription occasions. The company was founded in 2008 and is based in Stockholm, Sweden.
“We are very pleased to have Nasdaq as our platform now when we’re getting more attention internationally and with a focus on growth and long term investors this is the best alternative and we are very proud to have passed the needle’s eye,” said Carl Johan Merner, CEO of MediRätt.
“We welcome MediRätt to Nasdaq First North, one of Europe’s most liquid growth markets,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “MediRätt is yet another compelling addition to a growing number of healthcare companies listed on Nasdaq First North, and we look forward to supporting their continued growth”.
MediRätt AB has appointed Mangold Fondkommission 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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