The Danish Financial Supervisory Authority approves Swedish GXG Global Exchange Group's acquisition of the Danish stock exchange Dansk AMP. Dansk AMP A/S is one of four operators engaged in the operation of regulated stock exchanges in the Nordic countries.
"Our ambition is to make Dansk AMP an attractive stock market for smaller companies. A first important step will be to implement our electronic trading platform. A skilled and experienced board of directors led by Carl Johan Högbom and Björn Wallin will also be put in charge to support the business", says Mikael Rosenberg, CEO of GXG Global Exchange Group.
Carl John Högbom was previously CEO of the Stockholm Stock Exchange (OMX) and is the founder and chairman of Alternativa aktiemarknaden. Björn Wallin was previously President and CEO of NGM Stock Exchange and is currently the Chairman of GXG.
Dansk AMP A/S is the only company in Denmark focused on the trade in shares of small and medium-sized companies. GXG Global Exchange Group entered into an agreement to acquire 100 percent of Dansk AMP A/S from Capinordic A/S in May. The acquisition was conditional on Finanstilsynet’s fit and proper evaluation of GXG Global Exchange Group, which is now complete.
GXG Global Exchange Group is a new participant in the Scandinavian market, and aims to assist small and medium sized companies in their development towards growth and profitability. GXG is a financial group that operate exchanges, licenses its proprietary trading platform, and offers advisory services to SME’s.