Loihde Plc’s Board of Directors has approved the subscriptions made in the share issue related to the share-based incentive scheme for the Board
22.6.2022 12:00:01 EEST | Loihde Oyj | Company Announcement
On 5 May 2022, Loihde Plc’s Annual General Meeting decided on a directed share issue related to the long-term share-based incentive scheme for the company’s Board of Directors, in which a maximum of 3,667 shares were issued for subscription by the members of the Board of Directors.
Today, the company’s Board of Directors has approved the subscriptions for shares made in the directed share issue. Five members of the Board of Directors subscribed for shares in the directed share issue for the Board of Directors, with the total number of shares being 3,667. The subscription price was EUR 13.98 per share. The subscription price is based on the average share price of Loihde’s shares in April 2022, with a 10 per cent discount applied. The share subscription price will be entered in the company’s reserve for invested unrestricted equity.
As a result of the share issue, the total number of shares in Loihde Plc increases to 5,628,583 shares.
The new shares are intended to be registered with the Trade Register on or about 5 July 2022 and trading in the new shares on Nasdaq First North Growth Market Finland, maintained by Nasdaq Helsinki Ltd, together with the old shares will commence on or about 6 July 2022.
Further information
CEO Samu Konttinen
Media contact: Director of Communications Tiina Nieminen, tel. +358 44 411 3480 or tiina.nieminen@loihde.com
Certified Adviser Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
Loihde is an expert organisation specialising in digital development and security solutions. We help our customers create growth and competitiveness through digitalisation, while ensuring the security of people and information and the continuity of business. Loihde consists of two business areas: security solutions with the brand Loihde Trust, and digital development with the brands Loihde Advisory, Loihde Analytics and Loihde Factor. The Group has approximately 850 employees and its revenue in 2021 amounted to EUR 108.1 million. www.loihde.com