EVLI BANK PLC STOCK EXCHANGE RELEASE OCTOBER 24, 2016, AT 4.35 PM
Evli Bank Plc: Acquisition of unlisted A shares on October 24, 2016
In accordance with the shareholder agreement, Evli Bank Plc acquired 8,000 of its own unlisted A shares on October 24, 2016 as a result of the termination of an employment relationship. The consideration paid in the transaction was, according to the terms and conditions of the shareholder agreement, 50% of the B share's closing price on Nasdaq Helsinki Ltd on October 21, 2016.
| Date | 24.10.2016 | |
| Other purchase | ||
| Share | Unlisted A share | |
| Amount | 8,000 | shares |
| Average price / share | 3.435 | EUR |
| Total cost | 27,480.00 | EUR |
Evli Bank Plc now holds a total of 209,540 A shares including the shares acquired on October 24, 2016.
EVLI BANK PLC
Juho Mikola
CFO
For additional information, please contact:
Juho Mikola, CFO, Evli Bank Plc, tel. +358 (0)9 4766 9871, juho.mikola@evli.com
Evli Bank Plc in brief
Evli is a genuine private bank specializing in investment that helps private persons and institutions increase their wealth. The company offers asset management services, capital markets related services, such as brokerage of equities and other instruments, market making, investment research and a full range of Corporate Finance services.
Distribution: Nasdaq Helsinki Ltd, main media, www.evli.com