Vitec Software Group AB: Vitec moves from Small Cap to Mid Cap on Nasdaq Stockholm

Vitec Software Group AB's class B share (VIT B) has moved from the Small Cap segment to the Mid Cap segment of Nasdaq Stockholm as a result of Nasdaq's annual review of market cap values on the Nordic markets. The Vitec shares trades in the Mid Cap segment as of January 2, 2017. The Mid Cap segment includes companies with a market capitalization between EUR 150 million and EUR 1 billion.

"Our market cap has increased by more than a factor of nine since July 4 2011 when we changed marketplace from AktieTorget to Stockholm NASDAQ Small Cap. Our long history, skilled employees, and good relations with customers and partners, have set the foundation for our growth. We look forward to continue to strengthen our position as a leading industrial player, determined to continue consolidate and streamline the software vertical industries in the Nordic region."- Lars Stenlund, CEO of Vitec Software Group AB (publ).

For more information, please contact
Lars Stenlund, CEO Vitec Software Group AB (publ), mob. +46 70 659 49 39

Time for information
The information will be made public at 13:00 CET on Tuesday, January 3, 2017.