May 17, 2017, Helsinki – Nasdaq (Nasdaq: NDAQ) announced that trading in Robit Plc shares (short name: ROBIT) commenced today on the main market of Nasdaq Helsinki. Robit is a Medium Cap company within the Industrials sector. The company got listed on Nasdaq First North Finland in May 2015. Robit Oyj is the 52nd company to transfer from Nasdaq First North to Nasdaq Main Markets in the Nordics* over the years.
Robit Plc is a strongly internationalized growth company selling and servicing global customers in drilling consumables for applications in mining, construction and contracting, tunneling and well drilling. The company's offering is divided into three product and service range: Top Hammer and Down-the-Hole products as well as Digital Services. Robit has 21 own sales and service points as well as active sales networks in 115 countries. The manufacturing units are located in Finland, South Korea, Australia, UK and USA. For more information, please visit www.robit.fi
”The past two years as a public company have proved that Robit has successfully implemented its strategy. Since the listing, Robit has continued to grow organically and through acquisitions allowing the company to take a step towards "Robit 3.0" growth phase as a Nasdaq Helsinki main market company. We are very proud of Robit's achievements and ready to continue implementing our growth strategy. The targets of entering the main list are to increase the awareness of the company and improve the liquidity of the share as well as to reach new owners. Entering the main market of Nasdaq Helsinki is part of the company’s growth and strategic development”, said Harri Sjöholm, CEO of Robit Plc.
“We warmly welcome Robit Plc to Nasdaq Helsinki main market after being listed on First North for two years”, said Henrik Husman, President of Nasdaq Helsinki. “We are excited to see the fourth company to transfer from Nasdaq First North Finland to Nasdaq Helsinki main market. This manifests that the concept of First North offering a stepping stone to the main market also works well also for Finnish companies.”
*Main markets at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
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Maarit Bystedt
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maarit.bystedt@nasdaq.com