Trading on Wetteri shares commence on Nasdaq Helsinki

15 Dec 2022 - Nasdaq (Nasdaq: NDAQ) announces that trading in Wetteri Plc
(short name: WETTERI) shares commence today on Nasdaq Helsinki Main Market.
Wetteri is a small cap company within the Consumer Discretionary sector.The
Extraordinary General Meeting of Soprano Plc (trading code: SOPRA) on 9
December 2022 approved a directed share issue with which Soprano acquired the
entire share capital of Themis Holding Oy, which wholly owned the Wetteri
Group. The General Meeting approved the changes to the company's articles of
association in accordance with the meeting notice. With the change, Soprano
Plc's name changed to Wetteri Plc and the company's industry classification
changed to reflect the new classification. Wetteri is the 71st company to be
admitted to trading on Nasdaq's Nordic markets* and the 13th on Nasdaq Helsinki
in 2022. 

Wetteri Plc is an entrepreneur-driven growth company operating in automotive
industry. In addition to the retail trade of passenger, utility and heavy-duty
vehicles, the company produces maintenance and damage repair services from
passenger cars to heavy equipment. The company has 25 offices in Finland, the
head office is in Oulu. The company's turnover in 2021 was approximately EUR
332 million. The company employs approximately 600 people, of which more than
70% work in maintenance and damage repair services. Wetteri is a promoter of
the digitization of the automotive industry and an important player in the
common journey towards emission-free driving. For more information:
www.sijoittajat.wetteri.fi 

"This is a remarkable day in our company's 60-year-old history, we are on the
verge of a new era. The automotive industry is undergoing a major transition
due to digitization and the change in distribution channels, not to mention the
electrification of vehicles. The car retail and maintenance business in general
will be centered towards larger, more efficient and profitable units.
Consolidation is the key driver for Wetteri's growth strategy. The listing to
Nasdaq Helsinki's main market gives us an excellent starting point for
implementing our strategy. Our skilled personnel, our unique business model and
strong internal entrepreneurship are our strengths now and in the future", says
Aarne Simula, CEO of Wetteri Plc. 

"We are pleased to welcome Wetteri to Nasdaq Helsinki Main Market after the
reverse takeover," said Henrik Husman, President of Nasdaq Helsinki. "Wetteri
is one of the largest car dealerships in Finland and it is great to have a new
listed company on the stock exchange in the Consumer Discretionary sector." 



About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital
markets and other industries. Our diverse offering of data, analytics, software
and services enables clients to optimize and execute their business vision with
confidence. To learn more about the company, technology solutions and career
opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com. 



MEDIA CONTACT:
Maarit Bystedt
tel. [phone]
[e-mail]