Tallink Grupp Starts Trading on Nasdaq Helsinki
Estonian shipping company operating Baltic Sea cruise ferries and RoPax ships AS Tallink Grupp started trading on Nasdaq Helsinki Main Market on December 3.
This is the company’s secondary listing as Tallink Grupp’s shares are already listed on the main market of Nasdaq Tallinn since December 2005.
”Nasdaq Helsinki is the perfect fit for our secondary listing, being one of our most important home markets, the home of our largest customer group and the historic home of one of our key brands – Silja Line. In so many ways, today marks the first day of the next stage of our company’s journey – an even closer journey together between our two countries,“ Paavo Nõgene, CEO of Tallink Grupp, said.
According to Adam Kostyál, SVP and Head of European listings at Nasdaq, the secondary listing will enhance the company’s visibility and access to new investors.
AS Tallink Grupp owns 14 vessels and operates under the brands of Tallink and Silja Line on seven different routes. The company employs approximately 7,500 people in the region and over 9.8 million passengers travelled on its ferries in 2017.