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ENQt Group Plc’s listing application submitted to NASDAQ OMX Helsinki Oy
Digia Plc Stock Exchange Release 14 April 2016 at 2:15 p.m.
Qt Group Plc’s listing application submitted to NASDAQ OMX Helsinki Oy
On behalf of Qt Group Plc, the new company to be created in Digia’s partial demerger, Digia Plc has today presented NASDAQ OMX Helsinki Oy with an application for the listing of Qt Group shares on the official list of the Helsinki Stock Exchange, subjecting them to public trading. The trading of Qt Group shares on the official list of the Helsinki Stock Exchange is expected to begin around 2 May 2016. The expected number of Qt Group shares is 20,818,273.
Digia Plc’s Annual General Meeting held on 16 March 2016 approved Digia’s demerger plan and decided on Digia Plc’s partial demerger according to the demerger plan. Digia Plc’s demerger will involve the transfer of all of Digia’s Qt segment-related assets, debt and liabilities to the company created in the demerger, Qt Group Plc. Digia Plc’s Domestic operations will remain with Digia.
In compensation, Digia’s shareholders will be issued with one (1) Qt share for each Digia share they own. This will not require any action from Digia shareholders. Demerger compensation will not be given for Digia’s shares held by the company itself.
The demerger prospectus, which has been approved by the Financial Supervisory Authority, has been available on the Digia website since 4 March 2016, at the address www.digia.com/jakautuminen.
Qt Group Plc in brief
Qt Group Plc is a company specialising in the development of software development tools. It is in charge of the product development, commercialisation and commercial and open-source licensing of software development tools based on Qt technology.
Used by more than 1,000,000 software developers worldwide, Qt is a C++ based framework of libraries and tools that enables the development of powerful, interactive and cross-platform applications and devices. Qt’s support for multiple desktop, embedded and mobile operating systems allows developers to save significant time related to application and device development, by simply reusing one code and development environment. Qt’s customers include industry leaders who use Qt as a software platform for their in-vehicle devices, industrial automation applications and mission-critical systems.
Qt operates in Finland, Norway, Germany, the US, Russia, China, Japan and Korea. With a staff of 200, Qt’s turnover for 2015 amounted to some EUR 27 million.
Digia Plc
Board of Directors
FURTHER INFORMATION
Juha Varelius, President and CEO,
Tel. +358 10 313 3000
DISTRIBUTION
NASDAQ OMX Helsinki
Key media
www.digia.com
Digia is a software and service company that combines technological possibilities and human capabilities to build intelligent business, society and a sustainable future. Our mission is to ensure that our customers are at the forefront of digital evolution. There are more than 1,500 of us working at Digia and we operate globally with our international customers. Digia’s turnover in 2023 was EUR 192,1 million. The company is listed on Nasdaq Helsinki (DIGIA).