NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Italeaf SpA (shortname: ITAL SDB) shares commenced today on First North at NASDAQ OMX Stockholm. Italeaf belongs to the Industrials sector and is the 29th company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Italeaf SpA, established in December 2010, is a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong and a research and development centre in the Hong Kong Science and Technology Park.
“Our listing on NASDAQ OMX First North is a major corporate milestone for our company and a testament to the tremendous progress we have made over the past few years.” stated Dr. Monica Federici, CEO of Italeaf. “We are an innovative company, and as such, we have chosen a pioneer road: we are the first Italian company listed in the Nordic Market, the first to approach the stock exchange with a company builder business model and, at last, the first to turn to investors who believe in environmentally sustainable technology investments. We believe that the listing on NASDAQ OMX will help broaden our shareholder base, increase appeal to institutional investors, provide us with better liquidity and ultimately contribute to increasing shareholder value.”
“NASDAQ OMX is proud to welcome Italeaf to our family of listed companies and to our thriving First North market,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Italeaf operates in a sector with tremendous growth potential and we look forward to supporting the company in its endavour as a publically traded company.”
Italeaf SpA has appointed Mangold Fondkommission AB as Certified Adviser.