IPO

Posti in brief 

Posti Group Corporation (“Posti” or “the company”) is one of the leading delivery and fulfillment companies operating in Finland, Sweden, and Estonia, Latvia, and Lithuania. Posti has three reportable segments: Postal Services, eCommerce and Delivery Services, and Fulfillment and Logistics Services. Posti has a diverse customer base consisting of private and public sector customers.

Postal Services’ offering includes delivery services, multichannel services and digital services, which cover, among others, letters (both corporate and consumer letters), multichannel messaging solutions, newspaper and magazine delivery, as well as addressed direct marketing services in Finland.

eCommerce and Delivery Services’ offering covers parcel delivery services and groupage freight services in Finland and parcel delivery services in the Baltic countries.

Fulfillment and Logistics Services covers contract logistics and in-house logistics in Finland and Sweden, with a single warehouse in Norway.

As at the date of the offering circular, Posti is wholly owned by the State of Finland.

Reasons for the offering and the use of proceeds 

The objectives of the offering are to broaden the company’s ownership base and enable the continued growth of Posti by improving its financial flexibility as a publicly listed company and strengthening recognition and awareness of Posti and its brand among investors, customers, and other stakeholders.

The State of Finland expects to receive gross proceeds of approximately EUR 100.1 million and net proceeds of approximately EUR 96.7 million from the share sale. The seller expects to pay approximately EUR 3.4 million in fees, expenses and transfer taxes in connection with the share sale. Posti will not receive any proceeds from the share sale.

Posti expects to receive gross proceeds of approximately EUR 2.0 million and, after paying the fees payable to the managers and the party acting as a subscription place in connection with the personnel offering, net proceeds of approximately EUR 1.7 million from the personnel offering. The proceeds from the personnel offering will be used for general corporate purposes.

Information about the offering

The offering includes the public share sale, the institutional share sale, and the personnel offering. The State of Finland is offering preliminarily a maximum of 11,600,000 existing Posti shares for purchase (sale shares).

• In the public share sale, preliminarily a maximum of 1,000,000 sale shares are offered.

• In the institutional share sale, preliminarily a maximum of 10,600,000 sale shares are offered.

• In the personnel offering, preliminarily a maximum of 300,000 new personnel shares are offered.

• The offer shares represent preliminarily a maximum of approximately 29.5 percent of all the shares and votes carried by them after the registration of the personnel shares in the Finnish Trade Register without the over-allotment option, assuming that all of the personnel shares offered are subscribed for in full (with the over-allotment option and possible bonus shares, a maximum of approximately 34.0 percent).

Participating in the public share sale

How to participate in the public offering – individuals have the opportunity for bonus shares

The chart below briefly outlines participation in the listing sale (for private individuals and entities) and the bonus sale, in which private individuals who subscribed in the listing sale can participate. Learn more about the terms of the public offering in the offering circular.

Listing sale

• Private individuals and entities may subscribe for sale shares without right to bonus share in the listing sale, in which case the commitment must concern a minimum of 100 and a maximum of 14,000 sales shares.

• The maximum combined amount of commitments for a private individual who subscribes for sale shares both in the listing sale and the bonus share sale is 14,000 sale shares.

Bonus share sale

• Only private individuals who have first participated in the listing sale can participate in the bonus share sale.

• In the bonus share sale, private individuals can subscribe for one sale share for each one sale share subscribed for in the listing sale.

• Private individuals subscribing for sale shares in the bonus share sale will receive, for each ten sale shares allocated to them in the bonus share sale, one bonus share at no additional cost. The condition is that the investor keeps the sale shares entitling to bonus shares on their book-entry account continuously for a period of 12 months from the transfer of title, i.e., until on or about October 10, 2026.

• The commitment in the bonus share sale must concern a minimum of 100 and a maximum of 7,000 sale shares. The number of sale shares to be purchased must be divisible by ten.

• To participate in the bonus share sale, the investor must also participate in the listing sale in the same subscription place so that the subscription for sale shares without right to bonus share has been made earlier on the same day or on an earlier date.

Paying for the shares in the public share sale

• The sale price for the sale shares in the public share sale is EUR 7.50 per share. The sale price may be changed during the subscription period, however, so that in the public share sale, the sale price will be no more than the original subscription price of EUR 7.50 per sale share.

• When submitting a commitment in the public share sale, the price to be paid for the sale shares is the sale price, i.e., EUR 7.50 per sale share multiplied by the number of sale shares covered by the commitment.

Personnel offering

The Posti personnel offering has been communicated to Posti employees through the company's internal channels.

Approval of a commitment

The seller will decide on the allocation of the sale shares to investors per each investor group in the public share sale after the competition decision. Commitments can be approved or rejected in full or in part. In the event of a possible oversubscription, the seller aims to approve the commitments in the public share sale per each investor group in full up to a limit that will be set out later, and for the amounts exceeding this amount, to allocate the sale shares in the public share sale in proportion to the amount of commitments unmet for each investor group.

All investors who have submitted their commitments in the public share sale will be sent confirmations regarding the approval of the commitments and allocation of the shares as soon as possible and no later than on or about October 23, 2025.

If a commitment is rejected or approved only in part and/or if the sale price of the sale shares is less than the price paid in connection with submission of the commitment, the paid amount or part thereof will be refunded to the investor who submitted the commitment approximately five (5) banking days after the completion decision, on or about October 16, 2025, to the Finnish bank account specified in the commitment.

Risk factors

An investment in Posti involves risks, which may be significant. Many of the risks related to Posti and its business are inherent to its business and are typical in its industry. Potential investors should carefully review the information contained in the offering circular and, in particular, the risk factors described below. They have been divided into eight categories based on their nature:

• Risks relating to Posti’s operating environment

• Risks relating to Posti’s business operations

• Risks relating to Posti’s management and employees

• Risks relating to Posti’s data, ICT systems and cybersecurity

• Risks relating to Posti’s regulatory or legal environment

• Risks relating to Posti’s financial conditions and financing

• Risks relating to the shares

• Risks relating to the listing

The risk factors are presented in full in the English language translation of the original Finnish prospectus.