Nustay Challenges the Giants in the Travel Business - to be Listed on Spotlight

»Our vision is simple: We give our customers access to the best hotel prices around the world with a single search. Now, we wish to continue to grow and break through internationally. Therefore, the listing on Sportlight is the next natural step. With a strong team, both within operations and management, an advanced well-functioning technical platform and our partnerships with Google Hotel Ads, Yahoo and Bing, we have every chance to succeed in maintaining our position as an innovative, smart and hungry David among the travel industry's Goliaths«, Mathias Lundoe Nielsen, founder and CEO for Nustay comments.

»Our vision is simple: We give our customers access to the best hotel prices around the world with a single search. Now, we wish to continue to grow and break through internationally. Therefore, the listing on Sportlight is the next natural step. With a strong team, both within operations and management, an advanced well-functioning technical platform and our partnerships with Google Hotel Ads, Yahoo and Bing, we have every chance to succeed in maintaining our position as an innovative, smart and hungry David among the travel industry's Goliaths«, Mathias Lundoe Nielsen, founder and CEO for Nustay comments.

To be listed on Spotlight in spring

Following a preliminary round of investments of SEK16.5million, Nustay prepares for an IPO and listing on the Spotlight Stock Market. The listing will take place in the Spring and aims at financing the company's continued growth in the future. The planned new issuing of stock will amount to a value of SEK30million. Nustay's revenues are expected to increase substantially due to an increased marketing effort. A large part of the budget will finance digital marketing activities. Sedermera Fondkommission will aid Nustay in the listing process and Nordnet Bank AB will act as Nordic Selling Agent.

»Nustay has brought together some of the most visionary entrepreneurs, the best programmers and the most proficient marketing people I've met. Their mutual understanding of digital marketing and community development will not only revolutionize the customer's hotel bookings, but the whole travel industry. This is interesting, fun and really exciting. For me, it was obvious to invest and to accept the task of leading the company's board«, says Lone Fønss Schrøder.

For information about the issuing of stocks and listing, contact:

Sedermera Fondkommission

Telephone: +46(0)40-615-14-10

E-mail: [email protected]  

For information about Nustay, contact:

Mathias Lundoe Nielsen, founder and CEO Nustay A/S

Telephone: +45-22-91-94-99

E-mail: [email protected]

Website: www.nustay.com  

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