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.