Established in 2006, Lübker Golf A/S has the purpose of owning and leasing the complete golf layout in Lübker Golf Resort, located in Djursland. The 27-hole golf course is designed by the internationally acclaimed golf architect Robert Trent Jones II. Parallel to this, exclusive family facilities and 350 all-year vacation houses will be built alongside the greens. Built in 2006-07 the structure will be taken into use in 2008.
In connection with the introduction, new shares worth DKK 92 million were sold, and Lübker Golf A/S got 550 new shareholders. Shares were introduced at DKK 1,030, and after one hour of trading with a turnover of DKK 1.629.400 distributed on seven trades the price had risen to DKK 1,050.
Jan Ovesen, President, Copenhagen Stock Exchange says: ”It is very positive to welcome Lübker Golf A/S to First North. The first months of the marketplace’s operation has shown that smaller companies indeed are in the focus of the investors. Furthermore the different trades, the companies represent, show that the marketplace is for all kinds of companies.” CEO and founder Poul Anker Lübker from Lübker Golf A/S: “Admittance to Firth North ensures us the financial foundation to carry out our plans to built a 27 hole championship course with the matching facilities at Lübker Golf Resort. We are pleased that so many investors have shown an interest in Lübker Golf A/S.” First North was launched on December 12, 2005 in Denmark and includes Deadline Games A/S, Aresa A/S, Notabene.net A/S and now Lübker Golf A/S. Based on the current marketplace Nya Marknaden, OMX will establish First North in Sweden within the framework of the Stockholm Stock Exchange on June 12. Subsequently First North will consist of 50 companies.