November 24, 2014 - Nasdaq (Nasdaq: NDAQ) announced that trading in United Bankers Plc (UNIAV) shares commenced today on First North Finland. The company belongs to the Financials sector. First North Finland is a Multilateral Trading Facility (MTF) aimed towards emerging growth companies and is operated by Nasdaq Helsinki.
United Bankers Plc. is a Finnish investment services group with nearly 30 years in business. The company employs 80 people (6/2014) and is mainly owned by its personnel. The company´s net revenue in 2013 was 13.6 million euros and operating income 1.9 million euros. The assets under management (AUM) are approximately 1.3 billion euros (6/2014).
“We are truly pleased with the positive reaction our IPO received and we would like to thank all the investors for their trust towards United Bankers. Such a successful IPO certainly helps us to achieve our growth targets. We will continue to work hard for the development of the company in order to meet investor expectations. Our personnel is deeply committed to carrying out our growth strategy”, says Patrick Anderson, CEO of United Bankers Plc.
“We congratulate United Bankers on the listing today and welcome the company to First North. We look forward to a continued partnership with the company and its shareholders in the years to come,” said Lauri Rosendahl, President of Nasdaq Helsinki.
United Bankers Plc has appointed Merasco Oy as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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