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
NASDAQ Helsinki Ltd
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.