Martela Corporation’s directed share issue has been completed. A total of 15,907,707 new shares were subscribed for in the share issue, corresponding to approximately 89% of the shares offered. Martela will receive gross proceeds of approximately EUR 7.2 million from the share issue.
The subscription period for Martela’s directed share issue ended on 5 October 2026. According to the final result, a total of 15,907,707 new shares were subscribed for out of the 17,777,777 shares offered. The subscription price was EUR 0.45 per share.
On 6 October 2026, Martela’s Board of Directors approved the subscriptions made in the share issue and allocated the shares to be issued in accordance with the terms and conditions of the share issue.
Panu Ala-Nikkola, CEO, Martela Corporation:
“I would like to thank all our new and existing shareholders for their support and confidence in Martela’s future. With the proceeds from the share issue, the Company will strengthen its financial position and liquidity, while creating greater flexibility to continue the necessary development and efficiency measures. The key objective of the planned measures is to improve competitiveness, profitability and cash flow”.
Focus on the next phase
The purpose of the share issue is to strengthen Martela’s working capital and safeguard business continuity, support the development of the business, improve the Company’s capital structure and broaden its ownership base. With the proceeds from the share issue, Martela will strengthen its financial position and liquidity while creating greater flexibility to continue the necessary development and efficiency measures.
Martela’s goal is to improve competitiveness, profitability and cash flow. Key measures include simplifying and developing the product portfolio, investing in sound-insulated work and meeting spaces, growing the Workplace as a Service business model, moving towards more order-based manufacturing, and reducing administrative and facility costs.
The work to build a more competitive and profitable Martela continues.
Next steps
The new shares issued in the share issue are expected to be registered with the Finnish Trade Register on or about 12 October 2026. Trading in the new shares on Nasdaq Helsinki is expected to commence on or about 13 October 2026.
Martela Corporation
Learn more:
Final result of Martela Corporation’s directed share issue, 6 October 2026 →
Preliminary result of Martela Corporation’s directed share issue, 5 October 2026 →
Martela's Board of Directors has resolved to launch a directed share issue of approximately EUR 6–8 million. | Martela
Martela Corporation's Directed share issue 2026 | Martela
Further information:
CEO, Panu Ala-Nikkola
tel. +358 50 502 4728
CFO, Henri Berg
tel. +358 40 836 5464
Chairman of the Board, Tapio Pajuharju
tel. +358 50 5774 200
Martela is one of the leading Nordic companies specializing in user-centric work and learning environments. Since 1945, we have been creating the best places to work by offering furniture and related services as a seamless whole through our Martela Lifecycle solutions.
