Rapala VMC Corporation and Nordea Bank Finland Plc have concluded a market making agreement, which fulfils the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing (LP) operations. According to the agreement, Nordea Bank Finland Plc will provide Rapala VMC Corporation's share with bids and offers so that the maximum spread is 3 per cent. The spread is calculated from the bid quotation. Bids or offers include at least 1,000 shares and the value of the shares must correspond to at least 4,000 euros. Nordea Bank Finland Plc undertakes to submit bids and offers for Rapala VMC Corporation's share on the official list in the trading system of NASDAQ OMX Helsinki on each trading day for at least 85 per cent of the time of continuous trading and in the auction procedures applicable to the share during a trading day. The market making in accordance with the agreement will begin on 22.12.2008. After a 6-month term, the market making agreement is valid for the time being and the term of notice of the agreement is one month. For further information: NORDEA BANK FINLAND PLC Petri Simberg Head of Equities +358 9 369 49337
Nordea Bank Finland Plc signs LP market making agreement with Rapala VMC Corporation
| Source: Nordea Pankki Suomi Oyj