April 20, 2016 – Nasdaq (Nasdaq: NDAQ) announced that trading in Siili Solutions Plc shares (short name: SIILI) commenced today on the main market of Nasdaq Helsinki. Siili is a small cap company within the Technology sector, and the second company to move from the Nasdaq First North Finland, a market place aimed towards emerging growth companies, to Nasdaq Helsinki main market. Siili was admitted to trading on Nasdaq First North on October 15, 2012.
Siili is a modern software integrator and a partner of digital services which has crafted services for the mobile age bringing together the best of users, business, data and technology. Since 2005, from its establishment, Siili has been growing profitably and it is one of the fastest growing modern IT companies in Finland. Siili is headquartered in Helsinki, Finland with operations in Oulu (Finland), Wroclaw (Poland), and Berlin (Germany). More information: www.siili.com.
“We have made a great journey as a First North listed company. Credibility among customers, visibility on a recruit market, and convertible currency were our motives when Siili was listed on the First North marketplace in 2012. We have reached and largely exceeded our goals. We have prepared for the transfer to the main market since 2015. At this time the drivers have been in further developing our share’s liquidity and constant valuation. Simultaneously we are strengthening our balance sheet for the upcoming business development activities, acquisitions and internationalization,” stated Seppo Kuula, CEO at Siili Solutions Plc.
“We are more than excited to see a second company transfer from Nasdaq First North Finland to Nasdaq Helsinki main market in less than three weeks. The transfer of Siili demonstrates that the concept of First North really works – it offers a stepping stone to the main market for companies willing and able to grow. We look forward to continuing our cooperation with Siili to support them in all the stages of their growth, and are pleased to provide them with the increased visibility as well as investor awareness that come with a listing on the main market”, said Henrik Husman, President of Nasdaq Helsinki.
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