Estonian ro-pax group Tallink is planning a secondary listing on the Nasdaq Helsinki stock exchange following a strategic review.

The company said its supervisory board has approved the move.

The management board will now "initiate the relevant preparations", it said.

The stock will continue to be listed on the Nasdaq Tallinn bourse.

Tallink has been contacted for further comment.

In March, the company ended a strategic review into potential new investment.

It had begun the process last July to examine different ways forward, but nothing concrete appeared to have emerged.