Sampo plc to convert Swedish Depositary Receipts for direct listing of its A Share on Nasdaq Stockholm

Core Viewpoint - Sampo plc is transitioning from a Swedish Depositary Receipt (SDR) arrangement to a direct listing of its A Shares on Nasdaq Stockholm, aiming to enhance liquidity and streamline shareholder rights [2][4]. Group 1: Listing Transition - Sampo plc will request the termination of its SDR arrangement and apply for direct trading of its A Shares on Nasdaq Stockholm [2]. - The A Share has been listed through SDRs since November 22, 2022, with SEB as the issuer and market maker [3]. - Euroclear Sweden's recent policy change allows Sampo to pursue a direct listing, aligning with its existing listings on Nasdaq Helsinki and Nasdaq Copenhagen [3]. Group 2: Benefits of Direct Listing - The direct listing is expected to increase liquidity in the Swedish market for all issued A Shares and reduce the tick size compared to the SDRs [4]. - Current SDR holders will be able to exercise shareholder rights directly without SEB as an intermediary [4]. Group 3: Timeline and Important Dates - A formal termination notice for the SDR arrangement will be published around November 6, 2025 [5]. - The last trading day for SDRs is expected to be around February 13, 2026, with the first trading day for A Shares on February 16, 2026 [7]. - The record date for SDR conversion is set for February 17, 2026, and delivery of A Shares to SDR holders will occur on February 19, 2026 [7].