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Nasdaq Stockholm Welcomes Balco Group to the Main

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Posted On: 10/06/2017 5:00:21 AM
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Posted By: News Desk 2018
Nasdaq Stockholm Welcomes Balco Group to the Main Market

Stockholm, October 6, 2017 — Nasdaq (Nasdaq: NDAQ) announced that Balco Group AB (short name: BALCO), a small company within the industrial sector, has started trading of its shares on the main market of Nasdaq Stockholm. Balco Group (“Balco”) is the 82 nd company to list at Nasdaq’s Nordic markets* in 2017.

Founded in 1987, Balco is a provider of innovative, patented and energy-saving balcony solutions to customers across Northern Europe. The company’s core expertise is to deliver glazed balconies and balcony solutions, primarily on the renovation market and to tenant-owner associations. Balco is headquartered in Växjö, Sweden and has 18 additional sales offices in seven countries across Northern Europe. For more information, please visit www.balcogroup.se .

“I am very pleased and proud about the strong interest in Balco demonstrated by the public and institutional investors during the listing process”, said Kenneth Lundahl, CEO of Balco Group. “We in the management team welcome our new shareholders and are very positive about the additional growth opportunities that the listing will enable. As CEO I look forward to continue our journey as a listed company and continue to create value for both existing and new shareholders.”

“We welcome Balco to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Balco joins our strong and vibrant industrial sector, and we are proud to stand by them on their journey as a public company.”

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

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 89 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 Relations Contact: Erik Granström +46 73 449 78 07 erik.granstrom@nasdaq.com  


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