Stockholm, December 20, 2018- Nasdaq (Nasdaq: NDAQ) announces that the trading
in Footway Group AB's class B shares* (short name: FOOT B) will commence today
on Nasdaq First North in Stockholm. Footway Group ("Footway") belongs to the
consumer services sector and is the 84th company to be admitted to trading on
Nasdaq's Nordic markets** in 2018.
Founded in 2010, Footway is a Swedish e-commerce company focusing exclusively
on selling shoes. The company currently sells a wide range of different shoe
brands to customers in eleven European countries. Footway has 34 employees and
is headquartered in Kista, with its central warehouse located in Helsingborg.
In 2017, Footway reported revenues of 505 million SEK, representing an annual
growth of 46.9 percent. For more information, please visit www.footway.se.
"We are pleased to have completed the listing of our B-share," said Daniel
Mühlbach, CEO of Footway. "We are facing the next step in the company's
development and believe that we are well positioned to take advantage of the
current online growth's and win further market shares. I look forward to
developing Footway and create value together with our customers, the team and
shareholders."
"We are excited that Footway has successfully listed its class B shares on
Nasdaq First North," said Adam Kostyál, SVP and Head of European Listings,
Nasdaq. "Footway is yet another example of a digital growth company leveraging
Nasdaq First North as a platform for future expansion, and we look forward to
supporting the company for many more years to come."
Footway Group AB has appointed Erik Penser Bankaktiebolag as the Certified
Adviser.
* Footway has had preference shares listed on Nasdaq First North since July
13th, 2015.
**Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki,
Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by
the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is
regulated as an alternative marketplace). It does not have the legal status as
an EU-regulated market. Companies at Nasdaq First North are subject to the
rules of Nasdaq First North and not the legal requirements for admission to
trading on a regulated market. The risk in such an investment may be higher
than on the main market.
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 100 marketplaces in 50 countries, and 1 in 10 of
the world's securities transactions. Nasdaq is home to over 4,000 total
listings with a market value of approximately $15 trillion. To learn more,
visit 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 Relations Contact:
Erik Granström
+46 8 405 78 07
erik.granstrom@nasdaq.com
-------------------------© 2018 GlobeNewswire
