Nordea Bank Finland – Castrén & Snellman Advised Nordea Bank Finland Plc in Verkkokauppa.com Oyj’s IPO

We advised Nordea Bank Finland Plc, which acted as the sole manager of Verkkokauppa.com Oyj’s initial public offering on the multilateral trading facility NASDAQ OMX First North Finland. The size of the offering was EUR 64 million and it represented approximately 37% of the total number of the company’s shares outstanding after the IPO, including over-allotment. The offering comprised a combined issue of new shares and a sale of existing shares by Samuli Seppälä, Verkkokauppa.com Oyj’s founder, and private equity house Rite Ventures. The offering was oversubscribed and the subscription period discontinued prematurely due to strong demand among institutional investors both in Finland and internationally. Trading of Verkkokauppa.com Oyj’s shares commenced on 4 April 2014.