Nasdaq : Stockholm Welcomes Serneke Group to the Main Market

Stockholm, November 24, 2016 - Nasdaq (Nasdaq: NDAQ) announced that Serneke Group AB (short name: SRNKE B), a mid cap company within the industrial sector (subsector: construction & materials), has started trading of its shares on the main market of Nasdaq Stockholm. Serneke is the 73 company to list at Nasdaq's Nordic markets* in 2016.

Founded in 2002, Serneke is a Swedish construction and project development group offering services within construction, civil engineering, project development and property management. The company primarily operates in the three metropolitan areas of Gothenburg, Stockholm and Malmö, and its clients include both private companies as well as municipalities and government authorities. Headquartered in Gothenburg, Serneke has additional offices at nine additional locations in Sweden and currently employs more than 800 professionals. For more information, please visit www.serneke.group.

'I founded Serneke with a vision to create a leading construction and project development company,' said Ola Serneke, founder and CEO of Serneke Group. 'We - all employees in Serneke - have worked dedicated with that vision in mind. Our experience in combination with exciting growth opportunities ahead makes us look brightly upon the future. The listing on Nasdaq Stockholm - as the 15th company on its main market this year - is another important milestone, and I am pleased to see the great interest in Serneke demonstrated by the public and institutional investors.'

'We are thrilled to welcome Serneke to the Nasdaq Stockholm main market,' said Adam Kostyál, senior vice president and head of European listings at Nasdaq. 'Serneke joins our strong and vibrant industrial sector. We congratulate the company on its listing and look forward to supporting them with the increased investor visibility that comes with a main market listing.'

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

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