Published: 2020-11-19 08:31:00 CET
Nasdaq Nordic
Investor News

Nasdaq Stockholm Welcomes Fortinova Fastigheter to the Nasdaq First North Premier Growth Market

Stockholm, November 19, 2020 – Nasdaq (Nasdaq: NDAQ) announces that trading in Fortinova Fastigheter AB’s shares (short name FNOVA B) commence today on Nasdaq First North Premier Growth Market. The company belongs to the Real Estate sector. Fortinova Fastigheter is the 61st company to be admitted to trading on Nasdaq’s Nordic markets* in 2020.

Fortinova Fastigheter is a real estate company acquiring, administrating and developing primarily residential buildings. The company has a geographical focus on growth counties in western Sweden. They predict that the region will be attractive to live and work in. The company´s business idea is built on predictability, profitability and growth, with the goal to generate a profit over time, irrespective of the market´s development. The vision is to be western Sweden´s most preeminent real estate company. Fortinova is headquartered in Varberg, Sweden.  

"We are very proud of the significant interest that investors have shown in Fortinova,” said Anders Johansson, CEO of Fortinova Fastigheter. “The strong demand from cornerstone investors, other institutional investors and the general public in Sweden is a confirmation of our growth potential. We welcome our new shareholders and look forward to continuing to develop Fortinova in a public environment towards our vision to be western Sweden’s most prominent property company in the residential property market.”

“We are happy to welcome Fortinova to the Nasdaq family as they list on our First North Premier Growth Market,” said Adam Kostyál, Head of European Listings at Nasdaq. “We have seen a strong development in the real estate sector over the year and we are confident that the listing will enable Fortinova to grow, innovate and continue and contribute so society´s development.”

Fortinova Fastigheter has appointed FNCA Sweden AB as Certified Adviser.

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm

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