Kungsleden moved to the Large Cap segment by Nasdaq
Kungsleden will be moved to Nasdaq’s Large Cap segment as of January 2, 2017. Nasdaq came to this decision after its’ yearly review of the listed companies’ market value.
Nasdaq conducts a yearly review of the Nordic Markets to decide if any companies should be moved to a smaller or larger segment. The segments are based on the
average market value during the month when the review takes place. This year's review resulted in the decision to move Kungsleden from the Mid Cap to the Large Cap segment.
”Our long-term ambition is to become one of Sweden’s largest and most profitable high-quality property companies. The fact that we now are a Large Cap company is yet another proof that we are moving in the right direction”, says Biljana Pehrsson, CEO at Kungsleden.
Kungsleden has been listed on Nasdaq Stockholm since 1999, with the ticker KLED. The number of outstanding shares amounted to 182 002 752 on September 30, 2016. The market value as of December 20, 2016 is SEK 10 192 million.
For more information, please contact:
Biljana Pehrsson, CEO Kungsleden | 46 (0)8 503 052 04 | biljana.pehrsson@kungsleden.se
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on 20 December 2016 at 01:00 p.m.
Kungsleden is a long term property-owner that provides attractive, functional premises that enrich people’s working days. We create value by owning, managing and developing offices and other commercial properties in Stockholm and Sweden’s other growth regions. A large portion of our properties belong to attractively located clusters where we also engage in the development of the whole area. Kungsleden’s goal is to deliver an attractive total return on our properties and for our shareholders. Kungsleden is listed on NASDAQ OMX Nordic Mid Cap.
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