Company Announcements

Loihde Plc’s Board of Directors has approved the subscriptions made in the share issue related to the share-based incentive scheme for the personnel

Written by Admin | 06.07.2022

6.7.2022 11:00:00 EEST | Loihde Oyj | Company Announcement

On 6 June 2022, Loihde Plc’s Board of Directors decided on a directed share-based incentive scheme (Share-based incentive scheme for the personnel 2022) and a directed share issue related to the scheme, in which a maximum of 95,000 shares could be issued for subscription by the personnel.

Today, the company’s Board of Directors has approved the subscriptions for shares made in the directed share issue. A total of 144 Loihde employees participated in the employee share issue and subscribed for a total of 50,208 shares. The subscription price was EUR 12.70 per share. The subscription price is based on the average share price of Loihde’s shares in May 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 5,678,791 shares.

The new shares are intended to be registered with the Trade Register on or about 18 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 19 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