NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in AGES Industri AB (AGES B) shares commenced today on First North at NASDAQ OMX Stockholm. AGES belongs to the Industrials sector and is the eleventh company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014. AGES shares are traded in the First North Premier segment where companies commit to follow the disclosure rules of NASDAQ OMX Nordic’s main markets.
AGES specialises in aluminium die-casting, advanced machining of metals and assembly. Operations are concentrated on high-volume component manufacturing with a high proportion of sales to the automotive industry.
“AGES has experienced strong growth and we expect continued high demand for our products and services,” said Magnus Björn, CEO of AGES Industri. “The listing on NASDAQ OMX First North Premier aims to create more awareness of AGES and facilitate our continued growth and profitability. We believe that AGES will benefit from the quality mark that the listing implies and that it will lead to an increased interest in the company.”
“We are excited to welcome AGES to First North and to our world-leading Industrials sector,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “We continue to see a strong interest for First North and today’s listing, which marks the eleventh this year, underlines that trend.”