Recent work | June 21, 2018

Roschier advises VMP Plc on its oversubscribed IPO

Roschier has advised VMP Plc on its initial public offering and listing of shares on the First North Finland market place maintained by Nasdaq Helsinki Ltd. The final offer price of the shares in the Offering was EUR 5.00 per Offer Share, corresponding to a market capitalization for VMP of approximately EUR 74.0 million assuming full exercise of the over-allotment option.

Trading in the Company’s shares started on June 19, 2018, excluding the shares offered in the Personnel Offering. The trading in the shares offered in the Personnel Offering is expected to start on or about July 6, 2018. The IPO drew significant interest from Finnish and international investors.

VMP is a Finnish HR services company with a comprehensive offering of staffing services, recruitment services, organizational development services and self-employment services. VMP serves customers in Finland, Sweden and Estonia and it has recruitment points in Estonia and Romania. VMP group operates under VMP Varamiespalvelu, Staffplus, Personnel, Romana Management, Eezy and Alina brands.

The Roschier team comprised Antti Ihamuotila, Laura Huomo, Ulrika Nirkkonen, Oskar Toivonen, Saija SampioPauliina Repo, Terhi Salmi, Mika Ohtonen and Andreas Bussman.