Notabene.net A/S was established in 1998 as a Danish media agency specializing in online marketing with a strong focus on search engines. Hence the company is a leading player when it comes to Google advertising and after merging with Danmark Online A/S in 2005, it became one of the largest players in Danish marketing through search engines.
In connection with the introduction, new shares worth approx. DKK 10 million were sold, and Notabene.net got 161 new shareholders. Shares were introduced at DKK 5, and after one hour of trading with a turnover of DKK 192,800 distributed on 9 trades the price had risen by 20 per cent to DKK 6.
Jan Ovesen, Deputy President, Copenhagen Stock Exchange says: ”It is very positive to welcome the third company to First North. The first five months of the marketplace’s operation has shown that smaller companies indeed are in the focus of the investors. We are now looking forward to seeing more companies seek capital on First North, inspired by the first movers.”
CEO Brian Mertz Pedersen from Notabene.net A/S: “Our goal is for Notabene.net to grow by 30 to 50 per cent annually, and we want to reach that goal through organic growth as well as acquiring companies that can enlarge Notabene.net’s business foundation and product assortment. First North is a good instrument for this purpose. We are pleased that so many investors have shown an interest in Notabene.net, so we can carry out the plans of growth.” First North was launched on December 12, 2005 in Denmark and includes Deadline Games A/S, Aresa A/S and now Notabene.net A/S. 26 members – of which three: Nordnet Securities Bank, Remium and London based Credit Suisse are remote – have trading access to First North. Based on the current marketplace Nya Marknanden, 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.
