Tallinn/Riga/Vilnius, Nasdaq Baltic Market, June 12, 2015 – Nasdaq (Nasdaq: NDAQ) announces that the bonds of energy sector company AB Modus Energija (trading ticker: MDEB060018A) will be admitted to trading on the First North Bond Market on June 17 by Nasdaq Vilnius.
The total nominal value of the Modus Energija Bond issue is EUR 1,723,000. The nominal value of Bond is EUR 1,000 each, the annual interest rate of 6%, and Maturity Date is April 20, 2018. Modus Energija operates 14 solar power plants with total installed capacity of 4.9 MW and 3 biogas power plants with installed capacity of 2.6 MW, producing electricity and heat. Modus Energija is a subsidiary company of UAB Modus Group. For more information, visit http://www.modusgroup.lt/en/.
“We are currently working with a number of banks operating in Lithuania, however capital market provides the opportunity to have an alternative source of financing,” said Nikolaj Martyniuk, Head of Modus Energija. “Admission to the Nasdaq First North ensures awareness of the company and transparency and that leads to greater investor confidence, which is very important for our development plans.”
„We welcome Modus Energija to the First North Bond Market”, said Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic. “The First North is designed for innovative growth companies that aim to attract additional funds on the capital market and Modus Energija is a great example of that. Admission of the company to the First North brings greater visibility, brand recognition, and transparency.”
Modus Energija has appointed UAB FMĮ Orion Securities as Certified Adviser.
About Nasdaq First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic and Nasdaq Baltic. It does not have the legal status as a regulated market in the EU. Companies at First North are subject to the rules of 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 regulated market.
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $9.5 trillion and more than 10,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius. Read more: nasdaqbaltic.com
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 and its 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’s control. These factors include, but are not limited to factors detailed in Nasdaq’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.
|25.05.2020||RIG, TLN, VLN||Nasdaq CSD Iceland merges with Nasdaq CSD SE|
|22.05.2020||VLN||Ignitis Group Bonds Listed on the Nasdaq Baltic Bond List|
|15.05.2020||RIG, TLN, VLN||Changes in ICB Sectors at Nasdaq’s European Markets|
|11.05.2020||RIG||TOP101 Debate “Creating Business Value in Latvia and Estonia” to Take Place|
|30.04.2020||VLN||Šiaulių Bankas’ Bonds Listed on the Nasdaq Baltic Bond List|