Nasdaq Iceland welcomes Heimavellir to the Main Market
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.
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