STOCK EXCHANGE: Moderate opening in Helsinki, Framery’s initial public offering was oversubscribed

After a while of trading, the general index of the Helsinki Stock Exchange was up 0.01 percent at 11768.40 points.

The most traded stock of the morning was the insurance group Sampowhose A share rose by 0.3 percent to 10.21 euros. Among the twelve most traded stocks, most were in an upward direction.

At the time of the review, the operator company was at the top of the list Teliawhose share strengthened by 0.8 percent to 3.46 euros. Also an industrial investment company Reka Indrustrialin the share rose in the morning by 1.9 percent to 4.38 euros.

At the top of the list was a media company Ilkkawhose share weakened by 2.7 percent to 3.60 euros. Ilkka organized the long-awaited extraordinary general meeting yesterday. The general meeting concluded that the share series will not be combined. The general meeting also refrained from transferring the supreme decision-making power from the supervisory board to the general meeting.

Manufacturer of soundproof workspaces Framery the initial public offering ends today, Friday, earlier than expected.

Framery and the company’s largest shareholder Horizontal have, in accordance with the terms, decided to suspend the subscription periods for the public sale, institutional sale and personnel issue on Friday, November 28, 2025 at 4:00 p.m. All offers are many times oversubscribed.

The company’s board of directors and Vaaka will decide next Monday, i.e. December 1st, about the implementation of the listing sale and issue, the final number of new shares to be issued and existing shares to be sold, the allocation of new and existing shares, and the acceptance of subscriptions in whole or in part.

The final subscription price and the final subscription price of the personnel issue will also be decided approximately on December 1. The final price and result will be announced on Monday as well.

The shares will be recorded in the investors’ equity accounts on 2.12. Trading is also supposed to start at that time.

A software company Lemonsoft said on Friday morning that he had appointed Kari Yli-Hakunin product management director and member of the management team. In the process Kari Joki-Hollandin the role changes from product director to development director, which enables a stronger focus on long-term development projects.

In addition, Lemonsoft announced that it will strengthen its strategic focus and set long-term financial goals. The goal is an average annual growth of adjusted operating profit of 25 percent in the years 2025–2028.

The goal of the updated strategy is to strengthen Lemonsoft’s long-term growth by improving the competitiveness, efficiency and profitability of the product group, and by clarifying the organization and unifying the group’s operating model.

Lemosoft’s share was at 6.24 euros at yesterday’s close in the morning.

Target price – recommended price changes on Friday

Inderes counts of KH Group target price to 0.45 euros from the previous 0.50 euros, reiterates the reduce recommendation.

Inderes counts Ilkan the target price to 3.75 euros from the previous 4.50 euros, the recommendation drops to the reduce level from the previous increase level.

OP raise Weatherin to the reduce level of the recommendation from the previous sell level, the target price remains at EUR 0.17.

By Editor

Leave a Reply