Every Spin-Off
ESL Shipping Group
Date setEUDry bulk shipping in the Baltic and Nordic region: about 40 ice-class vessels, net sales €178m in the twelve months to June 2026, ~80% of 2025 revenue under long-term contracts with Nordic industrials. Aspo keeps Telko and is renamed Telko Group.
- Status
- Date set
- Expected
- 4 Jan 2027 (expected)
- Parent
- Aspo (to be renamed Telko Group) (ASPO FH)
- Spin-off ticker
- To be announced
- Listing
- Nasdaq Helsinki
- Market
- Europe
Terms
Partial demerger: 1 ESL Shipping Group share for each Aspo share, automatic. Tax-neutral under a binding Finnish tax ruling. Needs approval at the 7 Dec 2026 EGM; planned effective date 31 Dec 2026, trading on Nasdaq Helsinki from about 4 Jan 2027.
Key dates
- Board approves demerger plan
- EGM vote
- Demerger effective (planned)
- First trading day (expected)
Source documents
- Press releaseInside information: Aspo board approves demerger plan for ESL Shipping (3 Aug 2026)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourceESL Shipping: planned to form an independent listed company
- Sourcespecialsitsdigest.com
Every Spin-Off research
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