Sampo plc, the leading Nordic insurance Group and parent company to If P&C, Topdanmark, Hastings and Mandatum, has successfully completed its dual listing process on Nasdaq Stockholm. Sampo’s Swedish Depositary Receipts (SDRs) began trading today, 22 November 2022, on Nasdaq Stockholm under the ticker “SAMPO SDB”.
The dual listing is expected to increase demand for Sampo shares, particularly among Swedish domestic and index funds, and improve trading volumes over time. Nasdaq Stockholm is the largest and most liquid Nordic market and as a large cap P&C insurer Sampo is a unique asset on Nasdaq Stockholm.
“Today marks an exciting new step on Sampo’s journey. We have delivered strong results for the first nine months of the year on the back of great momentum in our Nordic P&C insurance business, which benefits from our leading market position and operational capabilities. Combined with our robust balance sheet and commitment to enhancing capital efficiency, this enables us to generate attractive returns for shareholders. As a large and resilient insurance group, Sampo will be a unique asset on Nasdaq Stockholm”, says Torbjörn Magnusson, Group CEO.
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