NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in ALM Equity AB (ALM) shares will commence today on First North at NASDAQ OMX Stockholm. ALM Equity belongs to the Financials sector and is the third company to be admitted to trading on First North in 2012.
ALM Equity is a real estate company that acquires, structures, develops and sells residential projects. Current operations started in 2006 and the company's geographic markets are Stockholm, Uppsala, Mälardalen and attractive holiday locations in Sweden. Customers include home buyers, real estate companies, construction companies, municipalities and seekers of commercial premises. In its Q1 report for 2012 ALM Equity reported revenues of MSEK 101.4, an increase of 60 percent compared to the same quarter last year.