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FTSE Mondo Visione Exchanges Index:

Record Year For New Listings At Nasdaq’s Nordic Exchanges

Date 21/12/2015

Nasdaq (Nasdaq: NDAQ) welcomed 97 new listings to its Nordic markets* in 2015, raising above 54 billion SEK in total. This represents a 31 percent increase from the 74 new listings that occurred in 2014, and makes 2015 the strongest year ever in terms of new listings for Nasdaq Nordic.

“In a European perspective, Nasdaq Nordic has been the leading platform for new listings and we are pleased to see the strong inflow of companies using our Nordic markets to raise growth capital”, says Adam Kostyál, senior vice president and head of European listings at Nasdaq. “As an exchange, one of our most important tasks is to help companies grow, and we are proud to provide so many companies with the infrastructure and investor exposure needed to thrive.”

28 of the new listings at Nasdaq’s Nordic exchanges occurred on the main market, while 61 occurred on Nasdaq First North. In addition, a total number of 8 companies have transferred from First North to the main market, confirming First North’s status as a leading growth platform for Nordic companies.

“Since its launch in 2006, Nasdaq First North has grown significantly and is now home to more than 200 companies”, says Adam Kostyál. “Studies show that job creation in small and medium sized companies increases greatly after listing, and we are pleased to see that such a large number of First North listed companies have made the step to our main market during 2015.”

The largest IPO during 2015 was hotel property owner Pandox – raising 5.5 billion SEK – followed by Dometic (4.7 billion SEK) and Attendo AB (4.3 billion SEK). Nasdaq’s Nordic markets continue to attract interest from companies within a wide range of different industries, including e-commerce, technology and consumer services. A particularly strong interest from the industrial and financial sector could however be seen during the year, with 21 and 26 new listings in these segments, respectively.

“Nasdaq Nordic maintains its position as a diversified exchange, with high quality companies across all industry segments“ says Adam Kostyál. “The interest in raising capital through the exchange is always dependent on the market and the macro economic environment, but our pipeline is strong and we expect the inflow of new listings to continue during the first half of 2016.”

2015 Nasdaq Nordic Listings highlights

 

  Main Market First North
Total New Listings 28 61
 
Initial Public Offerings 26 51
-      
Switches from First North 8    -        
Capital Raised (Bn SEK) 47.5
 
7.4
 
Largest IPOs (capital raised, Bn SEK) Pandox: 5.53
Dometic: 4.69
Attendo:  4.33
Evolution Gaming: 1.25
Heimstaden: 0.75
Volati: 0.70
Sectors with most listings Financials: 9
Industrials: 7
Health Care: 4
Financials: 17
Industrials: 14
Health Care: 12

2015 Nasdaq Stockholm Listings Highlights

 

  Main Market First North
Total New Listings 18 55
 
Initial Public Offerings 18 45
-      
Switches from First North 8    -        
Capital Raised (Bn SEK) 41.8
 
6.4
 
Largest IPOs (capital raised, Bn SEK) Pandox: 5.53
Dometic: 4.69
Attendo:  4.33
Evolution Gaming: 1.25
Heimstaden: 0.75
Volati: 0.70
Sectors with most listings Industrials: 6
Financials: 4
Health Care: 3
Financials: 16
Health Care: 11
Industrials:  10

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.