Listing 2025
Listing 2025
Toivo Group Plc ("Toivo Group" or the "Company") has today submitted a listing application with Nasdaq Helsinki Ltd ("Nasdaq Helsinki") to admit the Company's shares (the "Shares") on trading on the Main Market of Nasdaq Helsinki (the "Listing"). The Listing is conditional upon Nasdaq Helsinki approving the Company's listing application and the Finnish Financial Supervisory Authority approving the prospectus prepared in connection with the Listing.
Trading in the Shares is expected to commence on the Main Market of Nasdaq Helsinki on or about 12 June 2025. In addition, the Company has requested the Shares to be removed from the First North Growth Market Finland marketplace maintained by Nasdaq Helsinki.
The trading code of the Shares, TOIVO, and the ISIN code, FI4000496716, will remain unchanged. As of today, Toivo Group complies with the regulations on the disclosure obligations of companies listed on a regulated market.
The objectives of the contemplated Listing
to accelerate business operations and exploit growth opportunities
to strengthen shareholder value and credibility
to develop governance and processes
to expand the liquidity and ownership base of the Share
to support the long-term strategy and 6) to potentially reduce the risk premium
CEO Markus Myllymäki:
“In recent years, we have operated in an exceptionally challenging operating environment, where changes in interest rates, rising construction costs and market uncertainty have shaped the dynamics of the industry. In these circumstances, we have resolutely refined our strategy, strengthened our operational efficiency and focused on our core competencies. We have increased our market share. We are ready to move on to the next steps of growth. The move to the Main Market of Nasdaq Helsinki is a natural continuation of our development, which increases our credibility, improves our visibility and creates even better conditions for implementing our strategy in the coming years,” says Markus Myllymäki, CEO of Toivo Group Oyj."
Toivo Group Oyj | Gransinmäki 6 | 02650 Espoo