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March 10, 2015 - Nasdaq (Nasdaq: NDAQ) announced that trading in Piippo Oyj shares (short name: PIIPPO) commenced today on First North in Helsinki. The company belongs to the Industrials sector. Nasdaq First North is a Multilateral Trading Facility (MTF) aimed towards emerging growth companies and is operated by Nasdaq Nordic exchanges.

Piippo Oy is one of the most important rope, twine and net wrap manufacturers in Northern Europe. Piippo Oyj's main products are currently agricultural twines and net wraps, consumer products and B-to-B special products. Piippo Oyj's headquarters and factory are located in Outokumpu, Finland. For more information please visit

“We would like to thank all the investors who participated in our initial public offering. The successful completion of the IPO strengthens the financial position of our company giving us flexibility to consider business transactions and to expand our capacity in our important business areas. With the IPO we are seeking to fuel faster company growth. I want to encourage other companies to consider listing as a valuable funding alternative to fuel future growth. With the help of the stock exchange and our advisors, the listing process was easier than I expected,”says Kari Hirvonen, CEO of Piippo Oyj.

 “We are excited to welcome Piippo Oyj to Nasdaq First North where Piippo will already be the 11th company in Helsinki,” said Lauri Rosendahl, President of Nasdaq Helsinki. “Piippo will make a great addition to our Industrials sector, and we look forward to a long-standing partnership with the company and its shareholders.”

Adam Kostyál, Senior Vice President and Head of listings at Nasdaq Nordic said:  “We are pleased to see a strong progress of First North across our Nordic markets. The listing of Piippo Oyj is already the thirteenth company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.

Piippo Oyj has appointed UB Capital Oy as its Certified Adviser.

*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq First North

Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.  As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over 9.1 trillion and more than 10,000 corporate clients. To learn more, visit

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control.  These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q.  Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.


Maarit Bystedt

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