Revenio Group Corporation: Revenio Group Corporation's Market Cap Segment Change to Mid Cap as of Jan 4, 2016
Revenio Group Corporation, Stock Exchange Release, December 17, 2015 at 15:30
REVENIO GROUP CORPORATION'S MARKET CAP SEGMENT WILL CHANGE TO MID CAP AS OF JAN 4, 2016
Nasdaq has reported today that the yearly evaluation of market cap segments has been completed. Evaluation has been made based on the companies' average market cap in November 2015. According to the evaluation, Revenio Group Corporation's market cap segment will change from Small Cap to Mid Cap segment. According to Nasdaq's release market cap segment classification as well as index and industrial classification is an important method to increase the visibility of Nasdaq's northern exchange listed companies in Helsinki, Iceland, Copenhagen and Stockholm.
The changes will take effect on January 4, 2016.
Nasdaq reports that 36 companies will change market cap segment. 25 companies will move up to a higher market cap segment and 11 companies will move to a lower market cap segment.
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=689469&lang=en
Revenio Group Corporation
Olli-Pekka Salovaara
President&CEO
For further information, please contact:
President & CEO Olli-Pekka Salovaara, tel. +358 40 567 5520
olli-pekka.salovaara@revenio.fi
www.revenio.fi
DISTRIBUTION:
NASDAQ Helsinki
Financial Supervisory Authority (FIN-FSA)
Principal media
www.revenio.fi
The Revenio Group in brief
Revenio is a Finnish health tech group whose core business is in tonometers. The Revenio Health Tech segment comprises the business operations of Icare Finland Oy, Revenio Research Oy and Oscare Medical Oy, which specializes in osteoporosis screening and monitoring. In addition, Revenio has identified new growth opportunities relating to health tech in which common denominators are screening, follow-up and the global need to make cost savings in health care via
preventive measures. Revenio seeks vigorous growth in health technology, both organically and through acquisitions and mergers.
In 2014, the Revenio Group's net sales totaled MEUR 16.0, with its operating profit (EBIT) from continuing operations standing at 27.5%. The Revenio Group Corporation is listed on NASDAQ OMX Helsinki.