Evli Bank Plc: Capital Markets' The statutory personnel negotiations completed


EVLI BANK PLC STOCK EXCHANGE RELEASE 22 June 2016, AT 7.00 PM

Evli Bank Plc: Capital Markets' statutory personnel negotiations completed

The statutory personnel negotiations that started in the end of May and that concerned Evli's equity business activities in the Capital Markets unit have been completed. The negotiations concerned the sale of shares, execution of transactions as well as investment research. The aim was to renew the business model, re-organize work and improve efficiency. As a result of the negotiations targets were achieved. The negotiations will result in a reduction of five employees in the Capital Markets business unit. The reductions will be made through internal relocations and severance packages.

For additional information, please contact:

Panu Jousimies, Head of Capital Markets, Finland, tel. +358 (0)9 4766 9109