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Nasdaq Welcomes Coloplast As An International Select Designation Member

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Nasdaq has created a designation for Level 1 ADRs and Canadian Companies that have trading in the U.S. on the OTC called the Nasdaq International Designation.

Nasdaq Welcomes Coloplast As An International Select Designation Member

By Bob McCooey / Senior Vice President of Nasdaq's Listing Services

Nasdaq is proud to welcome Coloplast A/S, (OTC – Nasdaq Intl Select Designation: CLPBY) to the Nasdaq International Select Program. Coloplast A/S is a Denmark-based company, with a market cap of $22B USD.

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The Nasdaq International Designation program is designed for non-U.S.-based companies that have Level 1 American Depository Receipts or Canadian companies that have shares that trade on the over-the-counter (OTC) market. Coloplast can now leverage additional visibility in the U.S. investment community and resources for investor relations support.

Nasdaq International continues to increase the visibility of all member companies and we look forward to helping Coloplast grow their brand, increase liquidity and shape their personal message to the investment community.

If you are interested in the Nasdaq International Designation Program, contact me at Bob.McCooey@nasdaq.com.

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