April 1, 2016 – Nasdaq (Nasdaq: NDAQ) announced that trading in Taaleri Plc shares (short name: TAALA) commenced today on the main market of Nasdaq Helsinki. Taaleri is a Mid Cap company within the Financials sector, and the very first company to move from Nasdaq First North Finland to Nasdaq Helsinki main market.
Taaleri provides wealth management and financing services to institutional investors, companies and private individuals. Taaleri Group consists of the parent company Taaleri Plc and four operational subsidiaries: Taaleri Wealth Management Ltd and its subsidiaries, Taaleri Private Equity Funds Ltd and its subsidiaries, Taaleri Investment Ltd and Garantia Insurance Company Ltd. In addition, Taaleri has an associated company, Fellow Finance Oy, which offers peer-to-peer lending services. Its offices are located in Helsinki, Tampere, Turku, Pori, Oulu, Istanbul and Nairobi. At the end of 2015, Taaleri had assets under management of EUR 3.9 billion and 3,500 wealth management clients. More information at www.taaleri.com.
"First North is the right place for a growth company to get a feel for the capital markets. Taaleri has been three years on the First North marketplace. In that time, we have doubled in size. It’s now time to advance to the main list, which is the right place for a company of our stature,” said Taaleri Plc's CEO Juhani Elomaa.
“We are more than excited to welcome Taaleri to Nasdaq Helsinki main market as the first company transferring from First North Finland. We look forward to supporting Taaleri in all the stages of their growth, and are happy 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.
Adam Kostyál, Senior Vice President and Head of European listings at Nasdaq said: “We are very pleased to see Taaleri Plc transfer to the main market. The example set by Taaleri demonstrates that the concept of First North offering a stepping stone to the main market also works for the Finnish companies that are willing and able to grow.”
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