Roschier advised Sitowise in its IPO and listing on Nasdaq Helsinki
Sitowise’s Initial Public Offering and listing on the official list of Nasdaq Helsinki has been successfully completed, and trading on the Helsinki Stock Exchange has begun. Roschier advised Sitowise in connection with the IPO and listing.
In the public offering, oversubscribed several times, Sitowise gained more than 9,000 new shareholders, including a wide group of major international and domestic institutions as well as almost 1,000 employee shareholders. The subscription price was EUR 8.20 per share, setting the market value directly after the offering ended to approximately EUR 288 million.
Finnish-based Sitowise Group Oyj is a Nordic expert in the built environment with a strong focus on digitality, with operations in Finland, Sweden, Estonia and Latvia.
Roschier’s core advisory team comprised Antti Ihamuotila, Katri Piiparinen, Pauliina Repo, Teemu Jokiharju and Paula Pirinen.