Nasdaq Iceland welcomes Klappir Green Solutions hf. to

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News Desk 2018
19
Nasdaq Iceland welcomes Klappir Green Solutions hf. to First North

Reykjavík, September 21, 2017 – Nasdaq (Nasdaq: NDAQ ) announces that trading in Klappir Green Solutions hf.  (shortname: KLAPP B) or Klappir” commenced today on Nasdaq First North Iceland. Klappir belongs to the software sector. It is the first company this year to be admitted to trading on Nasdaq Iceland and the 77 th company on Nasdaq’s Nordic markets*.  

Klappir develops, sells and implements software solutions in the environmental field. Klappir’s methodology and software solutions enable companies, municipalities and the government to set measurable targets to reduce greenhouse gas emissions and report on performance in a cost-effective and transparent way. Emphasis is placed on easy access and traceability. For further information please visit www.klappir.com .

“It is a great pleasure for us to be listed on Nasdaq First North,” says Jon Agust Thorsteinsson, CEO of Klappir. “We are a growing company operating in an exciting industry. There are great possibilities ahead in the development of green software solutions and by listing on Nasdaq First North we want to make it easy for interested investors to take part in this journey with us. Listing will benefit the company with respect to shareholder and investor services , but not least in financing larger projects when opportunities arise. We look forward to moving into this new reality.”

“We sincerely welcome Klappir to Nasdaq First North,” says Pall Hardarson, President of Nasdaq Iceland. “It is very pleasing that a progressive technology company like Klappir should choose Nasdaq First North as a venue for increased visibility and future growth. This step Klappir is taking will enhance the company’s profile both in Iceland and abroad and it will be exciting to follow their journey. We look forward to working with Klappir and congratulate the company, its shareholders and staff on this important milestone.”

Arion bank is Klappir’s Certified Adviser.

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

 

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About Nasdaq First North

Nasdaq First North is regulated as a multilateral trading facility (MTF), 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.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit:   http://business.nasdaq.com

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

         Media contact:                    Kristín Johannsdottir          kristin.johannsdottir@nasdaq.com          +354 868 9836

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