The Nordic Exchange welcomes FirstFarms

Today, the investment company FirstFarms has been listed on the Copenhagen Stock Exchange. FirstFarms is the eighty-sixth company to join the Nordic Exchange this year.

FirstFarms is an investment company, which aims to invest in agricultural companies in Eastern Europe. The company was established in 2004 and plans to develop acquired agricultural companies into profitable units, through modern management principles and Danish know-how.

FirstFarms owns two agricultural companies with 1,350 milking cows and 6,300 hectare in Slovakia. Besides Slovakia, FirstFarms expects to invest in the Ukraine, Russia and Rumania. The next three to four years can prove to be one of the biggest Danish agricultural investments in present day Eastern Europe.

”We are happy to welcome FirstFarms to the Nordic Exchange. When it comes to new companies, a lot of things have happened in 2006. FirstFarms is an interesting addition to the Consumer Staples sector, and is the eighteenth Danish company to join the Nordic Exchange this year,” says Jan Ovesen, President, OMX Nordic Exchange.

A round lot of shares in FirstFarms A/S, whose short name is F FARMS, amounts to 100. FirstFarms A/S is a Small Cap company included in the Consumer Staples sector.