Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Correction: Market Cap Segment Review At Nasdaq Nordic Exchanges

Date 17/12/2015

Fenix Outdoor International AG ser. B (FOI B) will not change to the Large Cap segment, it will remain in the Mid Cap Segment. Please see the updated press release below, which replaces the press release published at 9.00 am CET today.

Nasdaq (Nasdaq: NDAQ) reports that the annual review of its Nordic market capitalization (market cap) segments is completed. The revision is based on the average market cap value in November 2015. Together with indexes and sector classifications, the market cap segmentation is a tool to increase visibility for companies listed on Nasdaq’s exchanges in Stockholm, Helsinki, Copenhagen and Iceland.

Effective January 4, 2016, the following 35 companies will change segment. 24 companies change to a larger segment, while 11 companies change to a smaller segment.

Company

Current Segment

New List

Listing Venue

Africa Oil Corp.

Large Cap

Mid Cap

Stockholm

Bactiguard Holding AB ser. B

Mid Cap

Small Cap

Stockholm

Besqab AB

Small Cap

Mid Cap

Stockholm

Bulten AB

Small Cap

Mid Cap

Stockholm

EnQuest Plc

Large Cap

Mid Cap

Stockholm

Eniro AB

Mid Cap

Small Cap

Stockholm

Eniro AB, pref

Mid Cap

Small Cap

Stockholm

Fingerprint Cards AB ser. B

Mid Cap

Large Cap

Stockholm

Invisio Communications AB

Small Cap

Mid Cap

Stockholm

Klövern AB ser. A

Mid Cap

Large Cap

Stockholm

Klövern AB ser. B

Mid Cap

Large Cap

Stockholm

Klövern AB pref

Mid Cap

Large Cap

Stockholm

NetEnt AB ser. B

Mid Cap

Large Cap

Stockholm

Oriflame Holding AG

Large Cap

Mid Cap

Stockholm

RaySearch Laboratories AB ser. B

Small Cap

Mid Cap

Stockholm

Sensys Gatso Group AB

Small Cap

Mid Cap

Stockholm

SWECO AB ser. A

Mid Cap

Large Cap

Stockholm

SWECO AB ser. B

Mid Cap

Large Cap

Stockholm

Swedol AB ser. B

Mid Cap

Small Cap

Stockholm

Traction, AB ser. B

Small Cap

Mid Cap

Stockholm

Unibet Group Plc

Mid Cap

Large Cap

Stockholm

Wihlborgs Fastigheter AB

Mid Cap

Large Cap

Stockholm

 

 

 

 

 

 

 

 

Metsä Board Oyj A

Mid Cap

Large Cap

Helsinki

Metsä Board Oyj B

Mid Cap

Large Cap

Helsinki

Outotec Oyj

Large Cap

Mid Cap

Helsinki

Revenio Group Oyj

Small Cap

Mid Cap

Helsinki

Sanoma Oyj

Large Cap

Mid Cap

Helsinki

Suominen Oyj

Small Cap

Mid Cap

Helsinki

YIT Oyj

Large Cap

Mid Cap

Helsinki

Ålandsbanken Abp A

Small Cap

Mid Cap

Helsinki

Ålandsbanken Abp B

Small Cap

Mid Cap

Helsinki

 

 

 

 

Auriga Industries B A/S

Mid Cap

Small Cap

Copenhagen

Brødrene Hartmann A/S

Small Cap

Mid Cap

Copenhagen

DFDS A/S

Mid Cap

Large Cap

Copenhagen

Greentech Energy Systems A/S

Mid Cap

Small Cap

Copenhagen

Højgaard Holding A A/S

Small Cap

Mid Cap

Copenhagen

Højgaard Holding B A/S

Small Cap

Mid Cap

Copenhagen

NKT Holding A/S

Mid Cap

Large Cap

Copenhagen

SimCorp A/S

Mid Cap

Large Cap

Copenhagen

TORM A A/S

Small Cap

Mid Cap

Copenhagen

Vestjysk Bank A/S

Small Cap

Mid Cap

Copenhagen

Össur hf.

Mid Cap

Large Cap

Copenhagen

 

 

 

 

Össur hf.

Mid Cap

Large Cap

Iceland

 

About the market cap segments

Companies belong to a market cap segment (Small-, Mid- and Large Cap) based on its average market value during the given review month. Each segment is reviewed annually based on the average market cap in November with adjustments taking effect in January the following year. The market cap calculations are based on the total number of shares, i.e. both listed and non-listed shares, of a company. Companies with a market value exceeding EUR 1 billion are in the group of “Large Cap”, while companies with a market value smaller than EUR 150 million belong to “Small Cap”. Companies with a market value between EUR 150 billion and EUR 1 billion belong to the “Mid Cap” segment.

12 month transitional period

Companies with a market cap value of more than 50 percent of the minimum or maximum threshold of each segment are 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 are subject to a transitional period and thus 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, are 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, are subject to a second review before moving up to the new segment.