Lassila & Tikanoja plc has applied for the New Lassila & Tikanoja’s shares to be listed on Nasdaq Helsinki

Core Viewpoint - Lassila & Tikanoja plc is undergoing a demerger to create a new independent company focused on the circular economy, named New Lassila & Tikanoja, with shares expected to be listed on Nasdaq Helsinki [1][3]. Group 1: Demerger Details - The demerger plan was approved on 7 August 2025, transferring all assets, debts, and liabilities related to the circular economy business to the new entity [1]. - The Extraordinary General Meeting on 4 December 2025 confirmed the demerger, with shareholders receiving one new share in New Lassila & Tikanoja for each share they own in Lassila & Tikanoja [2]. - The completion of the demerger is anticipated to be registered by 31 December 2025, with trading in New Lassila & Tikanoja's shares expected to start on 2 January 2026 under the trading code "LASTIK" [3]. Group 2: Company Overview - Lassila & Tikanoja is a service company that implements circular economy practices, aiming to enhance the use of raw materials and energy while creating value for customers and shareholders [4]. - The company operates in Finland and Sweden, employing approximately 7,400 people, and reported net sales of EUR 770.7 million in 2024 [4]. - Following the demerger, Lassila & Tikanoja will be renamed Luotea Plc, with a new trading code "LUOTEA" and ISIN code FI4000592464 [3].