The Nordic Exchange welcomes Deltaq
Deltaq is listed on OMX Nordic Exchange Copenhagen today. The company is the twenty-fourth company to join the Nordic Exchange’s main market this year.
Deltaq was founded in June 2007 and invest in small or medium sized companies in need of either a change in ownership or management or a way to raise more capital.
Deltaq’s business model is focused on developing and strengthening a company by injecting new competences and experiences as well as generating access to a larger and better network - for example in a form of industry consolidation. Deltaq participates actively in the development of the companies they invest in and are part of both the initiating and execution of the new strategy and the development process.
Deltaq expects that the ownership period typically will last for three to seven years, when the companies are then sold. When all the companies are sold through sales transactions that are satisfactory for both the company and Deltaq, the plan is to phase out Deltaq.
”Deltaq has an interesting business model and we are happy to welcome them to the Nordic Exchange. The Financials sector, which the company is registered under, will have its seventh new company this year. Deltaq is the second to join the sector within a week’s time,” says Jan Ovesen, President, OMX Nordic Exchange Copenhagen.
A round lot of shares in Deltaq, whose short name is DELTAQ, amounts to 100. The company is included in the Financials sector and is a Small Cap company.