Releases

Suomen Hoivatilat Oyj                                                                       

Stock exchange release 1 March 2017, 9:45                                       

Trading with the shares of Suomen Hoivatilat Oyj on the official list starts today

The shares of Suomen Hoivatilat Oyj ("Hoivatilat" or the "Company") will be listed on the official list of Nasdaq Helsinki Ltd as from today. The Company's shares are transferred to the official list from First North Finland, on which they were traded until yesterday 28 February 2017. The trading code of Hoivatilat shares (HOIVA) and the Company's ISIN code (FI4000148648) remain unchanged. The industry classification of the Company is Financials.  

"Hoivatilat is a strongly growing company. We construct and lease modern service premises and are a responsible owner of them. Transferring our shares to the official list is a natural step in the Company's development. We have been preparing the transfer to the official list since autumn 2016, and we published our consolidated financial statements for the year 2016 prepared in accordance with IFRS. The reason behind the transfer decision is to raise awareness about the Company, to improve the liquidity of the shares and to enable additional categories of investors to join", says Jussi Karjula, the CEO of Suomen Hoivatilat Oyj.   

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.

Suomen Hoivatilat Oyj

Board

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.