HANZA approved for listing on Nasdaq Stockholm
Nasdaq Stockholm's Listing Committee today announced that the Nordic region's first manufacturing strategist – HANZA Holding AB (publ)("HANZA") – meets the requirements for listing on Nasdaq Stockholm's main list, provided that customary conditions are met, including a prospectus to be approved and registered by Sweden's Financial Supervisory Authority (“Finansinspektionen”). The first day of trading on Nasdaq Stockholm is scheduled for Monday, March 25, 2019.
The shares will be traded on Nasdaq Stockholm's Small Cap segment under the same ticker (HANZA) and ISIN code (SE0005878543). There is no fund raising or new share issue in connection with the list change, and shareholders in HANZA do not need to take any actions. The first day of trading on Nasdaq Stockholm's main list is scheduled for Monday, March 25, 2019, and the last of trading on Nasdaq First North is scheduled for Friday, March 22, 2019.
“HANZA is a profitable and fast-growing company with a new and efficient model for product manufacturing. When we listed HANZA on First North back in year 2014, the group sales amounted to SEK 985 million. In year 2018, our sales increased to SEK 1,811 million. With this development, it is natural to move up to the main market. The list change takes place after a comprehensive review of the group, which gives a quality stamp on the achievements so far, and creates a security for the future, “says Erik Stenfors, HANZA's founder and CEO.
"The listing on Nasdaq Stockholm's main list reflects the company level that HANZA has achieved. It strengthens the brand, visualizes the company and confirms the company's progress and maturity,” says HANZA’s Chairman Mikael Smedeby.
For further information, please refer to the prospectus that has been prepared for the change of list, which is expected to be approved by Finansinspektionen and published on www.hanza.com on March 21, 2019.
For more information, please contact
Erik Stenfors, CEO, phone: +46 709 50 80 70, email@example.com
Mikael Smedeby, Chairman of the Board, phone: +46 708-16 18 75, firstname.lastname@example.org
The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.10 am (CET), March 15, 2019. Erik Penser Bankaktiebolag is the company's certified adviser.
This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as "intends", "anticipates", "expects", "may", "plan ", "anticipate" or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.
HANZA modernizes and streamlines the manufacturing industry. We create shorter lead time with more environmentally friendly processes and increase profitability for clients by bringing together different manufacturing technologies locally. Founded in 2008, HANZA today has an annual revenue of 1.8 billion SEK and operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Among HANZA’s clients are leading companies like ABB, Perkin Elmer, Atlas Copco and Kone. For more information visit www.hanza.com
The shares in HANZA are listed on Nasdaq First North Premier and the companies Certified Adviser is Erik Penser Bank AB (publ), phone no + 46 8 463 83 00, Email: email@example.com