OMX: Trading on First North To Be Inaugurated by Minister for Local Government and Financial Markets Sven-Erik Osterberg.STOCKHOLM, Sweden -- On June 12, 2006, Sweden's Minister for Local Government and Financial Markets, Sven-Erik Osterberg, will inaugurate trading on OMX's (STO:0MX) alternative marketplace in the Nordic region, the First North in Sweden. The first company to be listed on the new marketplace will be Swedol AB, a retail chain that sells electrical and electronic items, workwear Noun 1. workwear - heavy-duty clothes for manual or physical work apparel, clothes, wearing apparel, dress - clothing in general; "she was refined in her choice of apparel"; "he always bought his clothes at the same store"; "fastidious about his dress" , protective equipment, auto accessories and consumables primarily to the professional market. First North offers smaller and growing companies easy access to the Nordic and global financial markets. As of June 12, 2006, those companies currently listed on "Nya Marknaden" will be traded on First North. "We are delighted to launch First North and we welcome Swedol to this new marketplace. Including Swedol, First North will have 54 companies from Sweden and Denmark," says Jenny Rosberg, President Company Services, OMX OMX Office Max (stock symbol) . "Interest in the Swedol share has been considerable, from both institutional and private investors," says Swedol's President, Thomas Svedberg. Swedol's adviser is Remium AB. A round lot of shares in Swedol, whose short name is SWOL SWOL Southwest Ohio League SWOL Shift Without Lift (auto racing) B, amounts to 200 and the company is included in the Consumer Discretionary sector. The media are welcome to attend the inauguration of First North on June 12 at 09.00 CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr , Tullvaktsvagen 15, Frihamnen, Sweden. About First North First North was launched in Denmark in 2005 and OMX is now expanding the concept in the Nordic region through the development of the Swedish "Nya Marknaden" into First North. First North, which will include a range of new services compared with Nya Marknaden, will offer listing and trading in shares denominated in SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and DKK DKK In currencies, this is the abbreviation for the Danish Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. . Companies will be able to disclose information in English, Swedish, Danish or Norwegian. This, in combination with the fact that listing and trading is offered in different currencies, will give First North great flexibility. First North will have an All-Share index denominated in SEK. In addition, the companies will be classified according to the international Global Industry Classification Standard (GICS GICS Government Information and Communication Service (UK) GICS German Internet Chess Server GICS Global Industry Classification Standards GICS Grant Information and Control System ), already in place at OMX's exchanges. About OMX OMX is a leading expert in the exchange industry. Through the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the entire transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information please visit www.omxgroup.com This information was brought to you by Waymaker http://www.waymaker.net |
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