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Market Cap Segment Review At NASDAQ OMX Nordic Exchanges

Date 17/12/2010

NASDAQ OMX Nordic, part of NASDAQ OMX Group (NASDAQ:NDAQ) reports that the annual review of its market capitalization (market cap) segments has been done. The revision is based on average market cap value in November 2010. Together with indexes and sector classifications, the market cap segmentation is a tool to increase visibility for companies listed on the exchanges within NASDAQ OMX Nordic.

Effective January 3, 2011, the following companies will change segment. 17 companies change to a larger segment, while 28 companies change segment to a smaller segment.

Company Present Segment New Segment Listing Venue
Ambu A/S Small Cap Mid Cap Copenhagen
Basware Oyj Small Cap Mid Cap Helsinki
Bilia AB Small Cap Mid Cap Stockholm
Corem Property Group AB Small Cap Mid Cap Stockholm
Diamyd Medical AB Small Cap Mid Cap Stockholm
Fastighets AB Balder Small Cap Mid Cap Stockholm
Fenix Outdoor AB Small Cap Mid Cap Stockholm
Keskisuomalainen Oyj Small Cap Mid Cap Helsinki
Medivir AB Small Cap Mid Cap Stockholm
Nolato AB Small Cap Mid Cap Stockholm
PKC Group Oyj Small Cap Mid Cap Helsinki
Proffice AB Small Cap Mid Cap Stockholm
Royal UNIBREW A/S Small Cap Mid Cap Copenhagen
Sagax AB Small Cap Mid Cap Stockholm
Scanfil Oyj Small Cap Mid Cap Helsinki
Peab AB Mid Cap Large Cap Stockholm
Talvivaaran Kaivososakeyhtiö Oyj Mid Cap Large Cap Helsinki
Genmab A/S Large Cap Mid Cap Copenhagen
Lindab International AB Large Cap Mid Cap Stockholm
NKT Holding A/S Large Cap Mid Cap Copenhagen
Pöyry Oyj Large Cap Mid Cap Helsinki
TORM A/S Large Cap Mid Cap Copenhagen
Uponor Oyj Large Cap Mid Cap Helsinki
CapMan Oyj Mid Cap Small Cap Helsinki
Comptel Oyj Mid Cap Small Cap Helsinki
Formuepleje LimiTTellus A/S Mid Cap Small Cap Copenhagen
Glaston Oyj Mid Cap Small Cap Helsinki
Greentech Energy Systems A/S Mid Cap Small Cap Copenhagen
Grønlandsbanken A/S Mid Cap Small Cap Copenhagen
Hemtex AB Mid Cap Small Cap Stockholm
ITAB Shop Concept AB Mid Cap Small Cap Stockholm
Lån & Spar Bank A/S Mid Cap Small Cap Copenhagen
Mols-Linien A/S Mid Cap Small Cap Copenhagen
Monberg & Thorsen Holding A/S Mid Cap Small Cap Copenhagen
Nordjyske Bank Mid Cap Small Cap Copenhagen
Nørresundby Bank A/S Mid Cap Small Cap Copenhagen
PARKEN Sport & Entertainment Mid Cap Small Cap Copenhagen
Pohjois-Karjalan Kirjapaino Oyj Mid Cap Small Cap Helsinki
Rella Holding A/S Mid Cap Small Cap Copenhagen
SECTRA AB Mid Cap Small Cap Stockholm
Sjælsø Gruppen A/S Mid Cap Small Cap Copenhagen
Sparekassen Faaborg A/S Mid Cap Small Cap Copenhagen
TK Development A/S Mid Cap Small Cap Copenhagen
VBG GROUP AB Mid Cap Small Cap Stockholm
Vestjysk Bank A/S Mid Cap Small Cap Copenhagen


From January 2010 each segment is reviewed annually based on the average market cap in November. The next cap segment revision will take effect in January 2012 based on average market cap in November 2011. According to amendments announced 29 May, 2009, the market cap calculations are based on the total number of shares, i.e. both listed and non-listed shares, of a company.

12 month transitional period

Companies with a market cap value of more than 50 percent of the minimum or maximum threshold of each segment will be transferred into the new segment with immediate effect. Companies with a market cap value of less than 50 percent of the minimum or maximum threshold of each segment will have a transitional period until the next review, and thus be subject to one more review before transferring into the new segment. Hence, based on the EUR 1 billion Large-cap and EUR 150 million Mid-cap thresholds, a Large-cap company whose market cap value has not fallen below EUR 500 million, and a Mid-cap company whose market cap value has not fallen below EUR 75 million, will be subject to a second review before moving down to the new segment. Similarly, a Mid-cap company whose market cap value has not exceeded EUR 1.5 billion and a Small-cap company whose market cap value has not exceeded EUR 225 million, will be subject to a second review before moving up to the new segment.