NASDAQ OMX (NASDAQ: NDAQ) announces that the shares of Fjarskipti hf. (ticker symbol: VOICE) today start trading on the Main Market of NASDAQ OMX Iceland. Fjarskipti (Vodafone Iceland) is a small cap company within the Telecommunications sector. It is the eighth company to list on NASDAQ OMX Nordic main markets in 2012 and the third company to list on NASDAQ OMX Iceland in 2012.
Vodafone Iceland is a telecommunications company that offers individuals, corporations, institutions and government agencies all elements of telecommunications services. Tens of thousands of households and hundreds of thousands of people utilize the services of Vodafone Iceland, which also serves all the major municipalities and many of the largest companies. About 390 people work for the company. Vodafone Iceland’s services and product are to a large extent based on the cooperation with Vodafone Group Plc.
Omar Svavarsson, CEO of Vodafone Iceland: “Today is a big day for Vodafone Iceland and for the Icelandic stock market. With the company’s listing an additional industry will be represented on the market. As the only telecommunication company listed in Iceland, we are looking forward to working with our new owners and investors as a listed company. The telecommunications market is vibrant and it has changed dramatically over the past 20 years. In another 20 we will have seen things we deem unthinkable today and our goal is to be the industry leader.”
Pall Hardarson, President of NASDAQ OMX Iceland, said: “We warmly welcome Vodafone Iceland to the market. Their listing is another sign of the steady growth of the Icelandic equity market and it will strengthen the investment offering in the market as well as diversity. We look forward to supporting Vodafone Iceland with greater visibility as well as liquidity in the company share for the benefit of the company and investors alike.”
Íslandsbanki is Vodafone Iceland‘s financial adviser, and the same bank along with Landsbankinn are market makers.