May 21, 2015 - Nasdaq (Nasdaq: NDAQ) announced that trading in Robit Plc shares (short name: ROBIT) commenced today on Nasdaq 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.
Robit Plc is a growing international company specialized in manufacturing of drilling consumables used for rock drilling and ground drilling. Robit’s products are used for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company’s products are sold to over 100 countries, which is an indication of Robit’s fast-paced internationalization. The Company has sales companies in Finland, South Korea, the United States, Russia and South Africa as well as a sales office in China. The Company has production facilities in Lempäälä, Finland, and South Korea. For more information, please visit www.robit.fi
"We would like to thank those who participated in our IPO and have trusted in our company and its future prospects. The successful completion of the IPO will make it possible for us to widen our product offering and make our foothold stronger on our current and new market areas. It also allows us to consider growing our business through acquisitions. I would like to personally invite all the new shareholders to join Robit’s growth story,“ says Harri Sjöholm, Chairman of the Board of Directors of Robit Plc.
“We are pleased with the strong interest investors have shown in Robit’s international growth pursuits. With the proceedings of the IPO we can facilitate our growth plans and we can strengthen our business on the four core business areas. We are proud and thankful for all the trust, “says CEO Jussi Rautiainen of Robit.
“We are excited to welcome Robit to Nasdaq First North where it will already be the 14th company in Finland,” said Lauri Rosendahl, President of Nasdaq Helsinki. “An innovative growth company as Robit will make a great addition to our Industrials sector, and we look forward to a long-standing partnership with the company and its shareholders.”
Robit Plc has appointed Skandinaviska Enskilda Banken AB as its Certified Adviser.
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.
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 approximately 9.5 trillion and more than 10,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.
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.
MEDIA RELATIONS CONTACT:
tel. +358 (0)9 6166 7274
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.