IAR Systems Group will be moved from Small Cap to Mid Cap
Uppsala, Sweden— December 19, 2016
NASDAQ OMX Stockholm has decided that from January 2, 2017 change the segmentation of IAR Systems Group AB (publ), ticker IAR B, from Small Cap to Mid Cap. To qualify for the Mid Cap listing, a company must have had a market capitalization exceeding more than 150 million Euro in November.
“As a result of our focus on IAR Systems in 2010, our market value has grown more than ten times. Our long history, strong technology, qualified team of employees and good relationship with customers and partners is the foundation for this growth. I am looking forward to continue strengthening our position as a leading provider of solutions that enable the products of today and the innovations of tomorrow.” – Stefan Skarin, CEO, IAR Systems