Martela completes share-series combination and registers new shares

what happened

According to GlobeNewswire, Martela Corporation registered the amendment to its Articles of Association related to the combination of its share series with the Trade Register maintained by the Finnish Patent and Registration Office on October 12, 2026. The combination has therefore taken effect: all company shares now belong to a single series and carry equal rights, including one vote at a General Meeting.

As part of the transaction, Martela’s former 604,800 series K shares, which were not traded on a regulated market, were converted into shares of the sole series on a 1:1 basis. The company also registered 151,195 new compensation shares issued without consideration to series K shareholders and 15,907,707 new shares issued in the consideration-based Share Issue. Following the registrations, Martela has 20,698,114 shares and votes in total.

Trading in the new shares, which have ISIN FI0009900385 and the trading code MARAS, is expected to start on the regulated market of Nasdaq Helsinki on or about October 13, 2026, subject to the exchange accepting the company’s listing application. Distribution of the release is restricted by law in several jurisdictions, including the United States, Australia, Canada, Hong Kong, New Zealand, Japan, Singapore and South Africa.

why it matters

The combination standardizes shareholder rights, while registration of the new securities expands Martela’s share count ahead of their potential admission to trading.

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