EVLI BANK PLC STOCK EXCHANGE RELEASE SEPTEMBER 17, 2018, AT 5.00 PM
In accordance with the shareholder agreement, Evli Bank Plc acquired 5,066 of its own unlisted A shares on September 17, 2018 as a result of the termination of employment relationships. The consideration paid in the transactions were, according to the terms and conditions of the shareholder agreement, 50 percent of the B share's closing price on Nasdaq Helsinki Ltd on September 10, 2018.
Date: September 17, 2018
Other purchase
Share: Unlisted A share
Amount: 5,066 shares
Average price / share: 4.45 EUR
Total cost: 22,543.70 EUR
Evli Bank Plc now holds a total of 364,721 A shares including the shares acquired on September 17, 2018.
EVLI BANK PLC
Juho Mikola
CFO
For additional information, please contact:
Juho Mikola, CFO, Evli Bank Plc, tel. +358 (0)40 717 8888, juho.mikola@evli.com
Evli Bank Plc
Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, investment research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.
Evli has a total of EUR 11.9 billion in client assets under management (net 6/2018). The Evli Group's equity capital totals EUR 69.4 million and its BIS capital adequacy ratio is 16.4 percent (June 30, 2018). The company has more than 250 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.
*KANTAR SIFO Prospera External Asset Management Finland 2018, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2017 (shared first place).
Distribution: Nasdaq Helsinki Ltd, main media, www.evli.com