July 7, 2015 - Nasdaq (Nasdaq: NDAQ) announced that trading in Kotipizza Group shares (short name: PIZZA) commenced today on the main market of Nasdaq Helsinki. Kotipizza Group is a Small Cap company within the sector Consumer Services.
Kotipizza is a Finnish pizza chain, which was founded in 1987. It has 261 restaurants at the moment. In 2014 the sales of Kotipizza restaurants was 70.2 million euros. More than 99 percent of Finland’s Kotipizza restaurants are run by independent franchisees. Kotipizza Group Oyj consists of Helsinki Foodstock Oy and Kotipizza Oyj. The main owners of Kotipizza Group Oyj are funds managed by Sentica Partners Oy. For more information, please visit www.kotipizzagroup.com
“Public offering gives us a good basis to continue the implementation of Kotipizza Group's growth strategy. We believe in the fast casual food trend, i.e. Finns crave for reasonably priced yet fresh restaurant food, prepared using sustainably produced ingredients. A status as a listed company on Nasdaq Helsinki supports perfectly both our growth strategy and our commitment to sustainability and transparency,” says CEO Tommi Tervanen of Kotipizza Group.
“It is a great pleasure to welcome Kotipizza Group to Nasdaq Helsinki,” said Lauri Rosendahl, President of Nasdaq Helsinki. “Kotipizza is a very well-known brand in Finland, and the company is a great addition to our Consumer Services sector. The listing of Kotipizza Group represents already the 9th listing on Nasdaq Helsinki this year. We look forward to supporting Kotipizza Group in all stages of their growth, and are happy to provide them with the increased visibility and investor and consumer awareness that comes with a listing on the main market.”
Adam Kostyál, Senior Vice President and Head of listings at Nasdaq Nordic said: “We are pleased to see continued strong progress with the listings across our Nordic markets. The listing of Kotipizza Group is already the 64th company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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