March 30, 2016 – Nasdaq (Nasdaq: NDAQ) announced that trading in Oyj Ahola Transport Abp shares (short name: AHOLA) commenced today on Nasdaq First North Finland. 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, including Nasdaq Helsinki.
Ahola Transport is a logistics group with its head office located in Kokkola. In more than sixty years Ahola Transport has developed into a significant supplier of road transport and logistic services for numerous customers in Sweden, Finland, Baltic countries and some Central and Eastern European countries (Poland, Czech Republic and Slovakia). The company has 200 employees in Europe, the majority of them in Finland. Taking into account its network of contracted suppliers, Ahola Transport Group employs more than 600 people. The company turnover has grown steadily, reaching EUR 94 million in 2015. More information: www.aholatransport.com.
"The switch from AktieTorget to Nasdaq First North Finland will significantly improve the trading possibilities of our Finnish shareholders, and this will be positive for investors both in Finland and in Sweden. We believe the change will increase investors' interest in our company in both countries. It is also likely to increase the liquidity of our share and its trading volume", said Hans Ahola, the CEO of Ahola Transport.
“We are excited to welcome Ahola Transport to Nasdaq First North. It has the honour to be the 1st new company in Helsinki this year. The company will make a great addition to our Industrials sector, and we look forward to a long-standing partnership with the company and its shareholders”, said Henrik Husman, President of Nasdaq Helsinki.
Oyj Ahola Transport Abp has appointed Privanet Securities Oy 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.
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