Boreo Plc new shares registered to trade register
Boreo Plc Stock exchange release 7 December 2022 at 17:00 EET
Boreo Plc new shares registered to trade register
Boreo Plc announced on 1 December 2022, that it had signed and completed a share purchase agreement to acquire the entire share capital of J-Matic Oy and J-Matic Rent Oy and executes a directed share issuance of 5 000 new shares to the seller as part of the acquisition price. The new shares subscribed have been registered into the Finnish Trade Register today, on 7 December 2022. After the registration of the new shares, the company will have 2 691 708 shares in total.
The new shares produce the shareholder rights as of the registration date to Euroclear Finland Ltd book-entry system, on about 8 December 2022. The new shares will be admitted to trading on the official list of Nasdaq Helsinki Ltd on about 8 December 2022.
Vantaa, 7 December 2022
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.
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