Boreo Plc new shares registered to trade register

Boreo Oyj

Boreo Plc         Stock exchange release       5 January 2023 at 17:00 EET

Boreo Plc new shares registered to trade register

Boreo Plc announced on 2 January 2023, that it had completed the acquisition of Filterit Oy and executes a directed share issuance of 9 645 new shares to the sellers as part of the fixed payment. The new shares subscribed have been registered into the Finnish Trade Register today, on 5 January 2023.  After the registration of the new shares, the company will have 2 701 353 shares in total.

The new shares produce the shareholder rights as of the registration date to Euroclear Finland Ltd book-entry system, on about 9 January 2023. The new shares will be admitted to trading on the official list of Nasdaq Helsinki Ltd on about 9 January 2023.

Vantaa, 5 January 2023

Boreo Plc
Kari Nerg
CEO

Distribution:
NASDAQ Helsinki Ltd
Principal media
www.boreo.com

For more information:
CEO Kari Nerg
+358 44 341 8514

CFO Aku Rumpunen
+358 40 5563546

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium sized companies in Northern Europe. Boreo's business operations are organized into three business areas: Electronics, Technical Trade and Heavy Machines.

Boreo’s main objective is to create shareholder value in the long-term. It aims to achieve this with an acquisition-driven strategy, creating optimal conditions for its businesses to increase sales and improve profitability, and by being a best-in-class home for its companies and personnel. ​

The Group's net sales in 2021 were EUR 122 million and it employs some 300 people in seven countries. The company’s headquarter is in Vantaa.