You are using an old version of your web browser.

Please note that the website might not function correctly using an outdated browser. We recommend updating your browser or using another one.

This site uses cookies to offer you the best user experience. By continuing browsing this site you agree to the use of cookies. Alternatively you may change your browser settings. For further information, please read our Privacy Notice.

I agree

Sampo evaluates dual listing on Nasdaq Stockholm

Sampo has initiated an evaluation of a dual listing of its shares on Nasdaq Stockholm, with the aim to grow investor demand and the share’s liquidity for the benefit of all shareholders. The dual listing evaluation process is expected to conclude within the coming months, enabling a potential dual listing during the fourth quarter of 2022, should the Board resolve to proceed. The potential dual listing will not have any impact on the total number of Sampo’s shares in issue and the Group is not considering raising new capital.

“A Stockholm listing could increase demand for Sampo shares and improve trading volumes over time and hence benefit all shareholders. Nasdaq Stockholm is the largest and most liquid market among the Nordic countries, and our initial analysis shows high demand for a Stockholm listing of a large Nordic insurance group like Sampo”, says Björn Wahlroos, Chair of the Board of Directors.

After the successful divestment of the remaining stake in Nordea, Sampo is now a pure insurance group with a focus on high-quality P&C insurance operations, the area with the greatest potential for future value creation. Since the Capital Markets Day in February 2021, the Group has extended its already long track record of excellent P&C insurance results, and it is well placed to continue to capitalise on its unique position as the leading P&C insurer in the Nordic region. Sampo will today host an Investor Update in London outlining its key underwriting profit growth opportunities.

“We believe that Sampo’s market leading position, stable and growing earnings and ability to offer attractive capital returns makes it appealing to a broad range of investors. Further, Sampo has strong connections to Sweden through a well-known consumer brand in If, 1.6 million private and corporate customers, an extensive network of business partners and over 2,300 employees”, says Torbjörn Magnusson, Group CEO.

Sampo currently has over 200,000 shareholders. International and nominee registered owners account for approximately 60 per cent of the total number of shares.

Sampo has appointed Nordea and ABG Sundal Collier as financial advisors for the evaluation process.

The Investor Update will start at 15:00 EEST / 14:00 CEST / 13:00 BST and a live webcast will be available on www.sampo.com/investorupdate.

For further information, please contact:

Sami Taipalus
Head of Investor Relations
tel. +358 10 516 0030

Media enquiries:

Maria Silander
Communications Manager, Media Relations
tel. +358 10 516 0031

Distribution:
The principal media
www.sampo.com