TNOM Talenom Oyj

Liquidity Providing agreement for Talenom Plc’s share from Lago Kapital Ltd

Liquidity Providing agreement for Talenom Plc’s share from Lago Kapital Ltd

Talenom Plc, stock exchange release 13 August 2019 at 15:00

Liquidity Providing agreement for Talenom Plc’s share from Lago Kapital Ltd

Talenom Plc and Lago Kapital Ltd have signed a market making agreement in compliance with the Liquidity Providing (LP) requirements issued by Nasdaq Helsinki Ltd.

According to the agreement, Lago Kapital Ltd will provide Talenom’s share with bids and offers so that the maximum spread is 4 per cent, calculated from the bid quotation. Both bid and offer side shall include a number of shares corresponding to the value of at least 4,000 euros.

Lago Kapital Ltd undertakes to submit bids and offers for the share of Talenom Plc on the trading system maintained by Nasdaq Helsinki Ltd on each trading day for at least 85 per cent of the time of continuous trading.

The agreement and liquidity providing in accordance with the agreement will commence on 15 August 2019. The agreement is in force for a fixed period of 3 months and thereafter until terminated with one month’s term of notice.

A market making agreement with Lago Kapital Ltd has already been in force with respect to the share of Talenom Plc, and the agreement has now been updated to meet the requirements of Nasdaq Helsinki Ltd’s Liquidity Providing (LP) operations.  

TALENOM PLC

BOARD OF DIRECTORS

Further information:

Otto-Pekka Huhtala

CEO, Talenom Plc

tel. 4

Talenom Plc is an accounting firm established in 1972. Talenom offers a wide range of accounting services as well as other expert and advisory services to support its clients’ business. The company has its own software development and it provides its clients with electronic financing tools.

In 2018, Talenom Group reported net sales of 48.9 million euros, representing an increase of 18.0 % compared to 2017. Talenom possesses a strong history of growth – Talenom reached an average annual net sales growth of 15.5% in the fiscal years 2005 - 2018.

DISTRIBUTION:

Nasdaq Helsinki

Main media

EN
13/08/2019

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