Market cap segment review at NASDAQ OMX Nordic exchanges


Stockholm/Helsinki/Copenhagen/Reykjavik, December 19, 2012 — NASDAQ OMX Nordic, part of NASDAQ OMX Group (NASDAQ:NDAQ) reports that the annual review of its market capitalization (market cap) segments is completed. The revision is based on the average market cap value in November 2012. Together with indexes and sector classifications, the market cap segmentation is a tool to increase visibility for companies listed on the exchanges within NASDAQ OMX Nordic.

Effective January 2, 2013, the following 24 companies will change segment. 8 companies change to a larger segment, while 16 companies change segment to a smaller segment.

Company Current segment New segment Listing venue
Aerocrine AB ser. B Small Cap Mid Cap Stockholm
Axis AB Mid Cap Large Cap Stockholm
BankNordik P/F Mid Cap Small Cap Reykjavik
BE Group AB Mid Cap Small Cap Stockholm
BillerudKorsnäs AB Mid Cap Large Cap Stockholm
BioInvent International AB Mid Cap Small Cap Stockholm
Biotie Therapies Oyj Small Cap Mid Cap Helsinki
Björn Borg AB Mid Cap Small Cap Stockholm
D/S Norden A/S Large Cap Mid Cap Copenhagen
Danske Andelskassers Bank A/S Mid Cap Small Cap Copenhagen
Flügger A/S ser. B Mid Cap Small Cap Copenhagen
Huhtamäki Oyj Mid Cap Large Cap Helsinki
Icelandair Group hf. Small Cap Mid Cap Reykjavik
Karolinska Development AB ser. B Mid Cap Small Cap Stockholm
Net Insight AB ser. B Mid Cap Small Cap Stockholm
NIBE Industrier AB ser. B Mid Cap Large Cap Stockholm
Nordic Mines AB Mid Cap Small Cap Stockholm
PA Resources AB Mid Cap Small Cap Stockholm
Rautaruukki Oyj Large Cap Mid Cap Helsinki
SECTRA AB ser. B Small Cap Mid Cap Stockholm
Sievi Capital plc Mid Cap Small Cap Helsinki
Sparekassen Himmerland A/S Mid Cap Small Cap Copenhagen
Talvivaaran Kaivososakeyhtiö Oyj Large Cap Mid Cap Helsinki
TradeDoubler AB Mid Cap Small Cap Stockholm

The next cap segment revision will take effect in January 2014 based on average market cap in November 2013.

About the market cap segments
Companies belong to a market cap segment (Small-, Mid- and Large Cap) based on its average market value during the given review month. Each segment is reviewed annually based on the average market cap in November with adjustments taking effect in January the following year. The market cap calculations are based on the total number of shares, i.e. both listed and non-listed shares, of a company. Companies with a market value exceeding EUR 1 billion are in the group of “Large Cap”, while companies with a market value smaller than EUR 150 million belong to “Small Cap”. Companies with a market value between EUR 150 billion and EUR 1 billion belong to the “Mid Cap” segment.

12 month transitional period
Companies with a market cap value of more than 50 percent of the minimum or maximum threshold of each segment are transferred into the new segment with immediate effect. Companies with a market cap value of less than 50 percent of the minimum or maximum threshold of each segment are subject to a transitional period and thus one more review before transferring into the new segment. Hence, based on the EUR 1 billion Large Cap and EUR 150 million Mid Cap thresholds, a Large Cap company whose market cap value has not fallen below EUR 500 million, and a Mid-cap company whose market cap value has not fallen below EUR 75 million, are subject to a second review before moving down to the new segment. Similarly, a Mid Cap company whose market cap value has not exceeded EUR 1.5 billion and a Small-cap company whose market cap value has not exceeded EUR 225 million, are subject to a second review before moving up to the new segment.

 

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About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

 

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

 

NASDAQ OMX Media contacts:

Carl Norell +46 (8) 405 6639 
carl.norell@nasdaqomx.com

Javier Lopez Garrido +45 33 77 04 30                                                   
javier.lopez@nasdaqomx.com

 


Attachments

NOMX_Market cap segment_2012-12-19_final.pdf