Reykjavík, May 24, 2018 - Nasdaq (Nasdaq:NDAQ) announces that trading in
Heimavellir hf., (shortname: HEIMA) commenced today on the Main market of
Nasdaq Iceland. Heimavellir belongs to the financial sector. It is the second
company to be admitted to trading on Nasdaq Iceland this year and the 29th
company on Nasdaq's Nordic markets*.
Heimavellir is Iceland's largest residential rental company. It offers a wide
range of rental apartments to individuals and families in Iceland.
Heimavellir's main goal is to build an advanced residential rental market in
Iceland, where families and individuals can rely on long-term rental options.
Emphasis is placed on secure long-term rental offerings, good services and
favorable prices. Heimavellir owns around two thousand apartments around
Iceland, with most of them situated in the Reykjavik capital area. For more
information, please visit www.heimavellir.is.
"We are very pleased to have entered the Main market of Nasdaq Iceland and
welcome new investors and shareholders.", says Gudbrandur Sigurdsson, CEO of
Heimavellir. "Heimavellir's vision is very clear and the company's listing
facilitates our realization of that vision. We have built a solid
infrastructure while growing at a rapic pace to achieve the necessary economies
of scale, and therefore we are well placed to work on further growth and
participate in diverse projects. Furthermore, we strive to meet the demand for
secure long-term rentals at a reasonable price."
"We sincerely welcome Heimavellir to the Main market of Nasdaq Iceland," says
Pall Hardarson, President of Nasdaq Iceland. "Heimavellir is the first
residential rental company to list on Nasdaq Iceland and is a noteworthy
addition to the market.This is the first time in over a decade that a company
uses an Initial Public Offering to generate capital for further growth. We
congratulate the company, its staff and shareholders on the occasion and look
forward to supporting them on their journey on the Nasdaq Iceland market."
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki,
Nasdaq Iceland and Nasdaq Stockholm.
#
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing,
exchange technology, listing, information and public company services. Through
its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global capital
markets. As the creator of the world's first electronic stock market, its
technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the
world's securities transactions. Nasdaq is home to 3,900 total listings with a
market value of $13 trillion. To learn more, visit: http://business.nasdaq.com
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq
Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker
Services are respectively brand names for the regulated markets of Nasdaq
Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS,
Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB
and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq
Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq
Vilnius.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
Nasdaq and its products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
Nasdaq's control. These factors include, but are not limited to factors
detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
Media contact:
? Kristín Jóhannsdóttir
? 868 9836
? kristin.johannsdottir@nasdaq.com© 2018 GlobeNewswire
