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Capital Markets / 15 Dec 2015

Borenius advised Consti Group Plc on its Nasdaq Helsinki IPO

We advised Consti Group Plc (“Consti”) on its initial public offering (“IPO”) on Nasdaq Helsinki. The IPO consisted of a share sale by Consti’s majority shareholder Intera Fund I Ky and certain other shareholders. In addition to the share sale, the IPO also included a personnel offering of new shares available for Consti’s employees and directors.

Trading on Consti’s shares began on December 11, 2015 on the Nasdaq Helsinki prelist and on December 15, 2015 on the Nasdaq Helsinki official list.

Consti is one of the leading companies focusing on renovation and technical services in Finland. Consti was established in 2008 and it renovates residential, industrial, commercial, hotel, office and public sector properties. Consti is headquartered in Helsinki and it employs over 900 renovation professionals.

Danske Bank acted as the Sole Lead Manager for the IPO.

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