Stockholm, July 4, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Cimco Marine AB’s shares (short name: CIMCO) commenced today on Nasdaq First North in Stockholm. Cimco Marine belongs to the industrial sector and is the 68 th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Cimco Marine specializes in marine engine manufacturing. The company’s product, the OXE, is a high performance diesel outboard engine built to be the solution for governmental services, search and rescue operations and commercial applications. Cimco Marine was founded in 2012 and is headquartered in Ängelholm, Sweden. For more information, please visit www.oxe-diesel.com .
"We are very pleased by the large interest our company has attracted,” said Cecilia Anderberg, CEO of Cimco Marine. “The capital injection will make it possible for us to meet the large demand for our outboard engines. We wish all our new shareholders welcome onboard and look forward to an exciting journey together."
“We welcome Cimco Marine to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Cimco Marine operates in an exciting field, and we look forward to supporting the company with the increased visibility that comes with a Nasdaq First North listing.”
Cimco Marine AB has appointed Västra Hamnen Corporate Finance 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: Erik Granström +46 8 405 78 07 erik.granstrom@nasdaq.com |
