First trading day for SSAB shares on Nasdaq OMX Helsinki
ET | Source:SSAB AB
Today, trading in SSAB shares will, for the first time, commence on Nasdaq OMX
Helsinki under the ticker names SSABAH and SSABBH (class A and class B shares
respectively). The shares will be quoted in euro.
In conjunction with SSAB’s completion of the combination with the Finnish
company Rautaruukki, SSAB has applied for a secondary listing on Nasdaq OMX
Helsinki, in addition to the current listing on Nasdaq OMX Stockholm.
The combination of SSAB and Rautaruukki took place through a share exchange
offer whereby Rautaruukki’s shareholders were offered newly issued shares in
SSAB in exchange for their existing shares in Rautaruukki. With the completion
of the combination, SSAB now has more than 32,000 new shareholders. The listing
on Nasdaq OMX Helsinki will make it easier for new shareholders to trade in SSAB
“Following the combination, Finland is one of SSAB's domestic markets and it is
very pleasing that we can now offer our new shareholders trading on the exchange
in Helsinki. We hope that the combined company will lead to greater interest in
the SSAB share, and the listing on Nasdaq OMX Helsinki is an important step in
this direction,” says Martin Lindqvist, President and CEO of SSAB.
For more information, please contact:
Andreas Koch, Head of Investor Relations, +46 8-454 5725, Andreas.email@example.com
SSAB is a Nordic and US-based steel company. SSAB offers value added products
and services developed in close cooperation with its customers to create a
stronger, lighter and more sustainable world. SSAB has employees in over 50
countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is
listed on the NASDAQ OMX Nordic Exchange in Stockholm and has a secondary
listing on the NASDAQ OMX in Helsinki. www.ssab.com.
GlobeNewswire, a NASDAQ OMX company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.