Suomen Hoivatilat Oyj

Stock exchange release 1 March 2018 9.30 EET

Suomen Hoivatilat Oyj's new shares entered in the Trade Register

On 27 February 2018, the Board of Directors of Suomen Hoivatilat Oyj ("Hoivatilat" or "the Company") granted 150.370 new stock options in accordance with the conditions of the Company's 2015 share reward system. These options were entered in the Trade Register on 1 March 2018. The right to dividends from the new shares, and other shareholder rights, begin from the moment of registration of the shares. The new shares, subscribed with options, will become open for trade on the Nasdaq Helsinki stock exchange on 2 March 2018.

The decision to issue the options was based on the authorisation given to the Company's Board of Directors at the Annual General Meeting on 18 February 2016, and on the terms and conditions of the Company's existing share reward system. The stock options have been issued to encourage and maintain the commitment of the Company's personnel and management. The Company therefore had a weighty financial reason to issue share options.

Suomen Hoivatilat Oyj
BOARD OF DIRECTORS

Further information:
Suomen Hoivatilat Oyj, CEO Jussi Karjula, jussi.karjula@hoivatilat.fi, tel. +358 40 773 4054

Suomen Hoivatilat in brief:

Suomen Hoivatilat specialises in producing, developing, owning and leasing out daycare centre and nursing home premises, service blocks and schools. Hoivatilat was established in 2008 and cooperates with around 50 Finnish municipalities. It has started over 120 real estate projects throughout Finland. The company was listed on Nasdaq OMX Helsinki on 1 March 2017.