NASDAQ OMX Iceland welcomes Eimskipafélag Íslands hf. to the Main Market
Friday, November 16, 2012
NASDAQ OMX (NASDAQ: NDAQ) announces that the shares of Eimskipafélag Íslands hf. (ticker symbol: EIM) today start trading on the Main Market of NASDAQ OMX Iceland. Eimskipafélag Íslands (Eimskip) is a mid-cap company within the Industry sector. It is the fifth company to list on NASDAQ OMX Nordic main markets in 2012 and the second company to list on NASDAQ OMX Iceland in 2012.
Eimskip traces its roots back to 1914, making it the oldest shipping company in Iceland. Eimskip is a leading transportation company providing outstanding services through a dependable transport system in the North-Atlantic and an extensive worldwide network of reefer logistics services. The company runs a network of 49 offices in 17 countries and operates 17 vessels. Total number of employees is around 1,300, whereof around 750 are located in Iceland.
Gylfi Sigfússon, CEO of Eimskip:
It is with pride that we, the employees of Eimskip, now celebrate the company's listing on NASDAQ OMX Iceland. The IPO was well received by investors and our goal of diversified ownership has been reached. Eimskip plays an important role in transportation in the North-Atlantic and in the future projects on the horizon in that market. We hope that the listing of Eimskip will be an important contribution to the rebuilding and development of the Icelandic stock market.
Páll Hardarson, President at NASDAQ OMX Iceland:
I proudly welcome Eimskip to the Main Market. Eimskip has had an impact on the lives of generations of Icelanders as the necessary link between Iceland and the world since the early twentieth century. We look forward to supporting Eimskip with the increased visibility and investor awareness that comes with a listing on the Main Market, and wish them all the best.
Íslandsbanki and Straumur are Eimskip's financial advisers as well as a market makers.
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