Tieto Corporation announced an agreement to combine Tieto and EVRY ASA ("EVRY") through a cross-border merger. As stated in the merger announcement, the intent of the companies has been to seek a listing of the combined company on Oslo Børs (the "Oslo Stock Exchange") in addition to the existing trading venues of Tieto in connection with the completion of the merger.

Tieto Corporation merges with EVRY ASA

On 18 June 2019, Tieto Corporation announced an agreement to combine Tieto and EVRY ASA ("EVRY") through a cross-border merger. As stated in the merger announcement, the intent of the companies has been to seek a listing of the combined company on Oslo Børs (the "Oslo Stock Exchange") in addition to the existing trading venues of Tieto in connection with the completion of the merger.

Tieto has submitted an application for a parallel listing of its shares on the Oslo Stock Exchange in connection with the completion of the merger. The shares will be listed through a depository interest arrangement in the Norwegian Verdipapirsentralen, and will be trading on the Oslo Stock Exchange under the ticker code "TIETOO". Trading on the Oslo Stock Exchange is expected to commence after the Merger is completed on 5 December 2019.

The shares of Tieto will continue to be subject to trading on Nasdaq Helsinki under the ticker code "TIETO" and on Nasdaq Stockholm under the ticker code "TIETOS".

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