Source: Nasdaq Nordic

NASDAQ OMX HELSINKI WELCOMES VALMET CORPORATION

Helsinki, January 2, 2014 - NASDAQ OMX (NASDAQ: NDAQ) announced that trading in Valmet Corporation (VALMT) shares commenced today on the main market of NASDAQ OMX Helsinki. Valmet is a large cap company within the sector Industrials. The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group (MEO1V) in December 2013.

The new Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries, and it employs 11,000 professionals around the world. Valmet’s net sales in 2012 were approximately EUR 3 billion. For more information, visit www.valmet.com

Pasi Laine, CEO of Valmet Corporation, commented: “Today, Valmet starts a new phase, when the trading with its stock starts on NASDAQ OMX Helsinki. Our goal is to maintain our strong market position, improve profitability, utilize global growth potential especially in packaging board, pulp, tissue and bio energy related technologies and services, and to become the global champion in serving our customers. Our strong, diversified footprint in global markets provides us with good platform to utilize the growth. Together with our committed and competent personnel we are ready to work for the success of Valmet, its owners and customers.”

Henrik Husman, Deputy Managing Director of NASDAQ OMX Helsinki, said: “We are proud to welcome Valmet Corporation, a world-leader in its sector with a long and fascinating history, back to our main market as a separate unit. We congratulate the new Valmet on its first day as a publicly-traded company and look forward to a long-standing partnership with the company and its shareholders.”

 

About NASDAQ OMX Group

NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit www.nasdaqomx.com.    
    

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control.  These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

 

MEDIA RELATIONS CONTACT:

Maarit Bystedt
+358 (0)9 6166 7274
maarit.bystedt@nasdaqomx.com

 

Attachments: