First day of trading in Nexam on NASDAQ OMX First North
Nexam Chemical Holding AB (publ) announces that its admission to NASDAQ OMX First North will become effective and trading of the shares will start at 09.00 am (CET) today, 23th April 2013. The share will trade under the ticker NEXAM with ISIN SE0005101003.
Nexam develops, manufactures and sells an entirely new type of heat-activated crosslinkers to the plastics market. Nexam’s technology and products makes it possible to cost-effectively and significantly improve the characteristics and performance in most types of plastics. Examples of properties that are improved include increased temperature resistance and longevity of material. The property improvements achieved by using Nexam’s technology and products increases the possibilities to replace metals and other heavier and more expensive materials with plastics in a variety of applications and application areas.
“Since our concept was introduced in 2009, a number of development projects and co-operations have been initiated with a range of companies, such as BASF, Repsol, IRPC, Sumitomo, ABB, NASA and Rolls-Royce. We are currently working with 18 of the world’s 100 largest chemical and materials companies. The listing on First North gives us the opportunity to broaden our shareholder base, attract new owner categories and increases the awareness of our business”, says CEO Per Palmqvist Morin.
A company description and more information about the business will be found on, http://www.nexam.se.
Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.