HELSINKI, Sept. 15,
2023 /PRNewswire/ -- Stora Enso Oyj has upgraded the
trading of its American Depository Receipts (ADRs) and Ordinary
Shares to the OTCQX® Best Market from the Pink® market. Stora Enso
begins trading today on OTCQX under the symbols "SEOAY, SEOFF,
SEOJF".
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their US investors. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance, and demonstrate
compliance with applicable securities laws.
Citibank acted as Stora Enso's OTCQX sponsor.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets
for trading 12,000 U.S. and international securities. Its
data-driven disclosure standards form the foundation of its three
public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink®
Open Market.
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
Tel. +46 70 210 7691
Part of the global bioeconomy, Stora Enso is a leading provider
of renewable products in packaging, biomaterials, and wooden
construction, and one of the largest private forest owners in the
world. We believe that everything that is made from fossil-based
materials today can be made from a tree tomorrow. Stora Enso has
approximately 21,000 employees and our sales in 2022 were
EUR 11.7 billion. Stora Enso shares
are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq
Stockholm AB (STE A, STE R). In addition, the shares are traded in
the USA as ADRs and ordinary
shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors
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SOURCE Stora Enso Oyj