Sampo plc, stock exchange release, 5 November 2025 at 11:30 am EET
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Sampo plc to convert Swedish Depositary Receipts for direct listing of its A Share on Nasdaq Stockholm
Sampo plc ("Sampo" or the “Company”) announces that it will request the termination of its Swedish Depositary Receipt ("SDR") arrangement for the Sampo A share (the “A Share”) on Nasdaq Stockholm and will submit an application for its A Shares to be admitted to trading on Nasdaq Stockholm (the "Listing”). All issued and outstanding SDRs will be delisted and converted into A Shares in connection with the Listing, in accordance with the terms and conditions of the SDRs.
The Sampo A share has since 22 November 2022 been listed on Nasdaq Stockholm through SDRs, with Svenska Enskilda Banken AB (publ) (“SEB”) as the issuer of the SDRs and as a market maker and liquidity provider. Earlier this year, Euroclear Sweden decided to reopen its so-called CSD-links to new foreign issuers from certain jurisdictions effective as of September 2025, including from Finland, which were not available at the time of the establishment of the SDR arrangement. This policy change by Euroclear Sweden has now made it possible for Sampo to pursue a direct listing of the A share on Nasdaq Stockholm, instead of maintaining the current SDR arrangement with SEB, to create a uniform Nordic listing structure consistent with its listings on Nasdaq Helsinki and Nasdaq Copenhagen.
The advantages for Sampo and its shareholders, similarly to the listings on Nasdaq Helsinki and Nasdaq Copenhagen, include increasing the maximum available liquidity pool in the Swedish market to cover all issued A Shares, a smaller tick size on Nasdaq Stockholm in comparison to the one applicable for the SDRs, and the possibility for current SDR holders to exercise shareholder rights without the involvement of SEB as an intermediary. Sampo’s Board of Directors has therefore resolved to request the termination of the SDR arrangement with SEB and to consequently carry out the Listing.
A formal termination notice in accordance with the terms and conditions of the SDRs will be published in Svenska Dagbladet on or about 6 November 2025.
The application to delist the SDRs from Nasdaq Stockholm is planned to be submitted in February 2026 and the application for the admission to trading of the A Share on Nasdaq Stockholm will be submitted concurrently.
Sampo has today published an exemption document and Q&A materials to provide information about the SDR conversion process and the Listing. The exemption document can be obtained at www.sampo.com/duallisting and the Q&A can be found at www.sampo.com/irblog.
Important dates
| On or about 13 February 2026 |
Last day of trading in the SDRs on Nasdaq Stockholm |
| On or about 16 February 2026 (trades carried out on the first day of trading will be settled with a T+3 schedule) | First day of trading in the A Shares on Nasdaq Stockholm |
| On or about 17 February 2026 | Record date for SDR conversion |
| On or about 19 February 2026 | Delivery of A Shares to SDR holders |
Sampo reserves the right to amend the dates, if necessary. A notice of any such amendment will be announced by Sampo by means of a stock exchange release.
SAMPO PLC
Board of Directors
For further information, please contact:
Sami Taipalus
Head of Investor Relations
tel. +358 10 516 0030
Distribution:
Nasdaq Helsinki
Nasdaq Stockholm
Nasdaq Copenhagen
London Stock Exchange
FIN-FSA
The principal media
www.sampo.com
IMPORTANT INFORMATION
None of the information contained herein constitute an offer to sell, or the solicitation of an offer to buy or acquire, any shares, SDRs, rights or other securities of Sampo in any jurisdiction whatsoever, including but not limited to, Finland, Sweden, and other member states of the European Economic Area. The information contained herein has been furnished solely for the purpose of communicating about the termination of the SDR arrangement and the concurrent Listing.
The information contained herein is not an offer for sale of securities in the United States. The shares, SDRs, rights or other securities of Sampo referred to have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder.
The information contained herein is not intended for, and must not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or Switzerland, and do not constitute an offer to sell or the solicitation of an offer to buy or acquire, any shares, SDRs, rights or other securities of the Sampo in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or Switzerland or any other country in which it would be contrary to the laws and regulations of that country.