Taaleri joins the listing market

TAALERI PLC                                 PRESS RELEASE                            12 June 2019   11.35 EET

Taaleri joins the listing market

Taaleri Group’s corporate finance arm, Taaleri Kapitaali Oy, has received Certified Adviser status on First North marketplace from Nasdaq. From now on Taaleri Kapitaali’s service offering will include IPOs both on the stock exchange main list and on the Nasdaq First North marketplace.

"The members of the Taaleri Kapitaali team have been involved in arranging numerous IPOs in the Nordic and Baltic countries and have previously acted as a Certified Adviser to several Finnish companies listed on the Nasdaq First North marketplace. Thus, the offering of listing services is a natural step as Taaleri’s corporate finance operations expand,” says Taaleri Plc’s CEO Robin Lindahl.

Taaleri believes there is still demand for IPOs

Vesa Heikkilä, the managing director of Taaleri Kapitaali Oy, a part of Taaleri Group, sees that there is still room for new IPOs in the Finnish market. In recent years Nasdaq First North marketplace has become a noteworthy financing channel for Nordic companies but the number of companies listed on First North in Finland is far behind Sweden.  There are currently 30 listed companies on First North marketplace in Finland. In Sweden the number is ten-fold.

"Over 200 companies are missing from the Helsinki stock exchange, if you compare the Finnish and Swedish economies. More companies also in Finland should consider listing on First North as a financing alternative. There is a demand amongst investors for high-quality, fast-growing companies”, says Vesa Heikkilä.

The regulation of the companies applying for listing on Nasdaq First North marketplace is lighter than on the main list of the stock exchange, which lowers the threshold to raise capital on the market and develop the shareholder base. At the same time it’s a springboard to the stock exchange’s main market. 

"Listing is not just a means of financing, it also increases the company’s recognition and credibility amongst all stakeholders”, Heikkilä points out.

Taaleri Kapitaali offers its customers comprehensive corporate finance service including equity and debt capital raisings, stock exchange listings and M&As.

"We serve as a partner for companies of all sizes, from growth companies to large companies for their entire life cycle. Taaleri Kapitaali’s customer base also includes investment companies, family offices, private equity funds, institutional investors and public sector entities”, Vesa Heikkilä lists.

Taaleri Plc

Communications

Further information:

Managing Director, Taaleri Kapitaali Oy, tel. +358 50 355 4541, vesa.heikkila@taaleri.com

More information on Taaleri Kapitaali at www.taalerikapitaali.com

Taaleri in brief

Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki's, Finland, main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet.  

At the end of 2018, Taaleri had assets under management totalling EUR 5.7 billion and 5,400 wealth management customers. Taaleri Plc has some 4,100 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.

More information about our company and services: 

www.taaleri.com/en
www.fellowfinance.fi/en
www.garantia.fi/en

Sophie Jolly, Head of Communications and IR, sophie.jolly@taaleri.com, tel. +358 40 828 7317