Trading in Hampiðjan shares has commenced on the Nasdaq Iceland Main Market, with the group’s CEO Hjörtur Erlendsson ringing the bell in the company Reykjavík workshops to signal the moment.
Hampiðjan is the eleventh company to be admitted to trading on Nasdaq’s Nordics markets in 2023. The company has been a listed company in Iceland since 1993, including on Nasdaq‘s First North Growth Market in Iceland.
‘The move from the Nasdaq First North Growth Market Iceland to the Main Market in Iceland is important step for Hampiðjan,’ Hjörtur Erlendsson said.
‘The successful offering of new share capital last week, together with the listing on the Main Market, enables us to fully utilise the synergy opportunities inherent in our recent acquisition of the Norwegian company Mørenot and achieve optimisation of the company’s operations. Extensive knowledge of fishing gear and fish farming together with strong product development has put us in the forefront of companies that serve those important sectors, and we want to continue on the same path and reinforce Hampiðjan even further. We are truly pleased to see that investors share our vision and warmly welcome new shareholders on board.’
Hampiðjan’s history goes back to 1934 and for much of its existence it served primarily fishing businesses in Iceland with gear, netting and chandlery – before expanding domestically and internationally in the 1990s. Today the Hampiðjan group consists of 51 companies, with service at 76 locations in 21 geographical areas, and is a leader in developing and servicing products for the fisheries, aquaculture and offshore industries. The group has a staff of around 2000.
‘We proudly welcome Hampiðjan to the Main Market of Nasdaq Iceland and at the same time celebrate the company’s 30-year milestone as a listed company,’ said Magnús Harðarson, President of Nasdaq Iceland.
‘We congratulate Hampiðjan on its share offering, and we look forward to supporting them on their ongoing journey as a listed company, through increased visibility and investor access as a Main Market company.’