(MENAFNEditorial) Stockholm, December 12, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Lyko Group AB's shares (short name: LYKO A) will commence today on Nasdaq First North Premier in Stockholm. Lyko Group ('Lyko') belongs to the consumer services sector and is the 110th company to be admitted to trading on Nasdaq's Nordic markets* in 2017.
Lyko is a omni channel platform for hair care and beauty. Its business consists of e-commerce platforms Lyko.se and Lyko.no, as well as 40 wholly owned stores(39 with hair salons) spread across Sweden and Norway. Lyko has offices in Stockholm and Vansbro, and currently employs around 500 professionals. For more information, please visit .
'This is a truly exciting day for Lyko,' said Joanna Hummel, CEO of Lyko. 'As a fast-growing online leader we look forward to the possibilities the listing and the access to the capital market will provide us with. We warmly welcome all new owners to the continued journey with Lyko.'
'We welcome Lyko to Nasdaq First North Premier,' said Adam Kostyál, SVP and Head of European listings at Nasdaq. 'We continue to see a strong inflow of digital sector companies looking to leverage Nasdaq First North Premier as a platform for future growth, and we look forward to supporting Lyko on its continued journey in the public market.'
Lyko Group AB has appointed Avanza Bank AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as amultilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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