Releases

Suomen Hoivatilat Oyj

Stock exchange release 27 February 2017, 9:15                                                                                              

Suomen Hoivatilat Oyj has submitted its application to be listed on the official list

Suomen Hoivatilat Oyj ("Hoivatilat" or the "Company") has today submitted its listing application to Nasdaq Helsinki Ltd (the "Helsinki Stock Exchange") to admit the Company's shares to trading on the official list of the Helsinki Stock Exchange. The listing of Hoivatilat's shares is conditional on the Helsinki Stock Exchange approving the Company's listing application. Trading in the Company's shares on the official list is expected to start on or about 1 March 2017.

At the same time, Hoivatilat has requested its shares to be removed from the First North Finland market maintained by Nasdaq Helsinki Ltd. The trading code of Hoivatilat shares (HOIVA) and the ISIN code (FI4000148648) will remain unchanged. Starting from this day, Hoivatilat complies with the regulations on the disclosure obligations of listed companies.

Further information about the listing is available in the listing prospectus consisting of a registration document and a securities note and summary published by the Company on 24 February 2017. The listing prospectus is available in Finnish on the Hoivatilat website at www.hoivatilat.fi/listautuminen2017, and at the Hoivatilat head office in Oulu (Lentokatu 2, Pilot Business Park, 90460 Oulunsalo) and, as of approximately 28 February 2017, at the Helsinki Stock Exchange (Fabianinkatu 14, 00100 Helsinki).

Krogerus Attorneys Ltd acts as the legal advisor of Hoivatilat in connection with the listing process, and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch acts as the Company's financial advisor. UB Securities Ltd acts as the Company's certified advisor approved in accordance with the rules of First North until the listing on the official list.

Suomen Hoivatilat Oyj

Board of Directors

Further information:

Jussi Karjula, CEO, tel.: +358 40 773 4054

 Suomen Hoivatilat in brief:

Suomen Hoivatilat Oyj specialises in producing, developing, owning and leasing out nursing homes, day care centres and service blocks. Hoivatilat was founded in 2008, and the company has been working in cooperation with as many as 50 Finnish municipalities and launched 100 property projects around Finland. The company was listed on the Nasdaq First North Finland market in 2016 and it has over 4,400 shareholders.