NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Siili Solutions Oyj (short name: SIILI) shares will commence today on First North Finland. Siili Solutions belongs to the Technology sector. First North Finland is a Multilateral Trading Facility (MTF) targeted towards growth companies and has been operated by NASDAQ OMX Helsinki since April 4, 2011.
Siili Solutions Oyj is a Finnish IT company, established in 2005. The company produces demanding IT services to various business fields like public administration, banking, media and industry. Siili matches the solutions they provide with their customers' existing information technology systems and provide solutions that truly support business critical information. Siili helps its customers to define, develop and implement the best possible software solution that support their existing IT systems.
Lauri Rosendahl, President of NASDAQ OMX Helsinki, said: “We welcome Siili Solutions Oyj to First North Finland and the company is a great addition to our group of listed companies in Finland. We hope the example of Siili Solutions leads the way also for other companies to consider a public listing as a valuable funding alternative to fuel future growth”.
“The starting point for our listing process was to make Siili a stronger and more transparent company than before, and we are very satisfied with the results we have reached so far. The positive outcome of our initial public offering is an indication of a wide trust on the offering and business performance of Siili and is also a sign of vitality of the First North Finland marketplace. Therefore I want to thank our new shareholders for their trust and I welcome them to the family of Siili,” says CEO Seppo Kuula of Siili Solutions.