NASDAQ OMX (NASDAQ: NDAQ) announces that the shares of Hagar hf. (ticker symbol: HAGA) today start trading on the main market of NASDAQ OMX Iceland. Hagar is a small cap company within the consumer staples sector. Hagar is the 14th company to list on NASDAQ OMX European main markets in 2011 and the 1st company to list on NASDAQ OMX Iceland since the collapse 2008.
Hagar is a commercial enterprise operating in Iceland. It operates in all 62 stores and 4 warehouses and employs over 2000 employees in approximately 1300 positions. Under the auspices of Hagar there are among others Iceland’s biggest supermarkets Bonus and Hagkaup and franchises of internationally known brands such as Zara, Debenhams, Karen Millen, Warehouse, Top Shop, Oasis, Day, Evans and more. Companies belonging to Hagar are operated as independent companies and therefore have different forms of legal entity and culture.