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Tieto to Delist from Oslo Børs, Retains Nordic Listings

Story Highlights
  • Tieto will delist its shares from Euronext Oslo Børs while keeping them traded on Nasdaq Helsinki and Nasdaq Stockholm.
  • The company will maintain VPS registration for at least a year to let Norwegian shareholders transfer holdings to Euroclear Finland smoothly.
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TietoEVRY ( (GB:0KG0) ) has provided an announcement.

Tieto has applied to delist its shares from Euronext Oslo Børs following a decision at its Annual General Meeting, while maintaining listings on Nasdaq Helsinki and Nasdaq Stockholm. The move streamlines the company’s trading venues but preserves liquidity for investors through its remaining Nordic listings.

To ease the transition for Norwegian investors, Tieto will keep its shares registered with the Norwegian securities depository VPS for at least 12 months after delisting, allowing time to transfer holdings to the Finnish book-entry system at Euroclear Finland. The company has published detailed instructions for affected shareholders on its website, underscoring efforts to minimise disruption during the delisting process.

The most recent analyst rating on (GB:0KG0) stock is a Hold with a EUR18.00 price target. To see the full list of analyst forecasts on TietoEVRY stock, see the GB:0KG0 Stock Forecast page.

More about TietoEVRY

Tieto is a leading software and digital engineering services company with global market reach, focusing on mission-critical solutions across industries through its Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting businesses. The company employs around 14,000 experts in vertical software, design, cloud and AI, and generates annual revenue of about EUR 2 billion, with shares listed on Nasdaq Helsinki and Nasdaq Stockholm.

Average Trading Volume: 428,711

Current Market Cap: €2.27B

See more data about 0KG0 stock on TipRanks’ Stock Analysis page.

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