Adapteo Plc Regulatory Press release 19 January 2021 at 3:45 p.m. CET
Adapteo Plc has transferred a total of 15 426 of its own shares held by the company as treasury shares without consideration to the participants of the Performance Share Plan introduced for Cramo Plc key employees in 2018. More detailed information about the terms and the effects of the demerger to the plan is available in a Demerger Prospectus published on 4 June 2019.
The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 23 April 2020.
After the share delivery on 19 January 2021, the company holds a total of 34 911 own shares.
For additional information, please contact
Jesse Räisänen, Head of Treasury & Risk Management, +358 45 175 56 88, firstname.lastname@example.org
Adapteo in brief
Adapteo is a leading flexible real estate provider in Northern Europe. We build, rent out and sell adaptable buildings for schools, daycare centres, care, offices, accommodation and events. We know that our society will go through an immense change in the years to come. Whatever the future brings, we believe that adaptability is the best solution. With our buildings, we can transform, repurpose, scale up and scale down in a matter of weeks by using a modular and circular building concept. Our buildings can be used for a few days or indefinitely, always optimised for current needs. That is how we build adaptable societies.
Adapteo is listed on Nasdaq Stockholm and operates in Sweden, Finland, Norway, Denmark, Germany, and The Netherlands. In 2019, Adapteo’s Net sales were EUR 216 million.
Release – Change in the holding of Adapteo treasury shares