The Finnish Financial Supervisory Authority has approved Relais Group Plc’s prospectus
Relais Group Plc
Stock Exchange Release 29 November 2022 at 11.10 a.m. EET
The Finnish Financial Supervisory Authority has today approved Relais Group Plc’s (“Relais” or the “Company”) listing prospectus (the “Prospectus”), in connection with the Company’s transfer from the Nasdaq First North Growth Market Finland marketplace to the official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”).
The Prospectus, including the Company’s audited consolidated financial statements for the year ended 31 December 2021 prepared in accordance with IFRS, including unaudited comparative financial information for the year ended 31 December 2020 and the audit report for the year ended 31 December 2021 and the Company's unaudited interim financial information prepared in accordance with the “IAS 34 – Interim Financial Reporting” standard for the nine-month period ending 30 September 2022, including comparative financial information for the nine-month period ending on 30 September 2021, which are incorporated by reference into the Prospectus, will be available on or about 29 November 2022 on the Company’s website at www.relais.fi/en/ and at the Company’s registered office at Mannerheimintie 105, 00280, Helsinki. Furthermore, the Prospectus will also be available at Nasdaq Helsinki at Fabianinkatu 14, 00100 Helsinki, Finland.
On 24 November 2022, Relais submitted a listing application with Nasdaq Helsinki to list the Company’s shares on the official list of Nasdaq Helsinki. Trading in the Company’s shares on the official list of Nasdaq Helsinki is expected to commence on or about 1 December 2022, provided that Nasdaq Helsinki approves the Company’s listing application.
Further information:
Arni Ekholm, CEO
Phone: +358 40 760 3323
E-mail: arni.ekholm@relais.fi
Relais Group’s certified advisor is Evli Plc.
Phone: +358 40 579 6210
Relais Group:
Relais Group is a leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We have a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.
We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.
Our net sales in 2021 was EUR 237.8 (2020: 128.9) million. During 2021, we completed a total of six acquisitions. We employ approximately 1,000 professionals in six different countries. The Relais Group share is listed on Nasdaq Helsinki Ltd’s Nasdaq First North Growth Market Finland with the stock symbol RELAIS.
IMPORTANT NOTICE
This announcement is for information purposes only and under no circumstances shall constitute an offer or invitation, or form the basis for a decision, to invest in any securities of the Company. Evli Plc (“Evli”) is acting exclusively for the Company and no-one else in connection with the Listing. It will not regard any other person as its client in relation to the Listing and will not be responsible to anyone other than the Company for providing the protections afforded to its clients, nor for providing advice in relation to the Listing, the contents of this announcement or any transaction, arrangement or other matter referred to herein.