Through NGM Reach, growth companies in the Nordic region will have the opportunity to be listed in parallel in Germany via their listing on the Nordic Growth Market, which provides unique access to the European capital market.The parallel listing takes place on the Stuttgart Stock Exchange, Germany’s leading exchange for private investors.Through the parallel listing, the companies expand their investor base by gaining increased access to capital from both private and institutional investors. A new trading segment is created for companies listed on the Nordic Growth Market with a parallel listing on the Stuttgart Stock Exchange.
“German investors are now offered access to Nordic growth companies and can benefit from the direct link between Nordic Growth Market and the Stuttgart Stock Exchange. This is an important strategic initiative for Börse Stuttgart Group as we combine our services “, says Dr Michael Völter, CEO of Börse Stuttgart Group and Chairman of the Board of Nordic Growth Market.
“We have worked hard for the past 30 years to make it easier for Nordic growth companies to grow. It therefore feels extra gratifying that we can now offer an opportunity for expansion in Europe through parallel listing. A listing on the Nordic Growth Market thus provides access to Europe’s largest capital market and creates additional growth opportunities for our listed companies, ”says Magdalena Hartman, CEO of Nordic Growth Market.
Already today, the companies Eurobattery Minerals, Metacon, Quickbit and Raytelligence, which are listed on the Nordic Growth Market, can be traded by German investors in Euro. Liquidity guarantors for trading are Euwax AG.
“Kapitalanskaffning för att växa och utvecklas som bolag ska vara enkelt. Vår plattform ger bolagen möjlighet till kapital, likviditet och synlighet och via NGM Reach kan nu nordiska bolag enkelt nå en större europeisk kapitalmarknad. För oss räcker det inte med att vara en av de ledande börserna i Norden, vi vill också vara en partner som hjälper bolagen framåt”, säger Magdalena Hartman.
