Trading on First North to be inaugurated by Minister for Local Government and Financial Markets Sven-Erik Österberg
On June 12, 2006, Sweden’s Minister for Local Government and Financial Markets, Sven-Erik Österberg, will inaugurate trading on OMX’s alternative marketplace in the Nordic region, the First North in Sweden. The first company to be listed on the new marketplace will be Swedol AB, a retail chain that sells electrical and electronic items, workwear, protective equipment, auto accessories and consumables primarily to the professional market.
First North offers smaller and growing companies easy access to the Nordic and global financial markets. As of June 12, 2006, those companies currently listed on “Nya Marknaden” will be traded on First North. “We are delighted to launch First North and we welcome Swedol to this new marketplace. Including Swedol, First North will have 54 companies from Sweden and Denmark,” says Jenny Rosberg, President Company Services, OMX. “Interest in the Swedol share has been considerable, from both institutional and private investors,” says Swedol’s President, Thomas Svedberg. Swedol’s adviser is Remium AB. A round lot of shares in Swedol, whose short name is SWOL B, amounts to 200 and the company is included in the Consumer Discretionary sector. The media are welcome to attend the inauguration of First North on June 12 at 09.00 CET, Tullvaktsvägen 15, Frihamnen, Sweden.