27 September 2022
Purmo Group Plc, stock exchange release, 27 September 2022 at 9.00 a.m. EEST
On 7 September 2022 Purmo Group announced the arrangement of a directed share issue to the company’s key personnel. The subscription period for the shares ended on 22 September 2022.
The board approved a total of 66,403 subscriptions of new shares in the share issue. The subscription price EUR 10.23 per share was based on the trade-volume weighted average price of the Company’s share on Nasdaq Helsinki Ltd during 12 July – 5 September 2022. The total subscription price of the new shares is EUR 679,302.69.
The new shares subscribed for in the personnel share issue will be entered in the Trade Register in October 2022. After the entry of the new shares in the Trade Register, the total number of shares in Purmo Group will be 42,677,930 shares. The new shares will be applied to be admitted to trading on Nasdaq Helsinki Ltd after the registration.
The total subscription price of the new shares will be booked in full to the reserve of the company’s invested unrestricted equity.
Purmo Group Plc
Katariina Kataja, Head of Investor Relations, Purmo Group Plc
Tel. +358 40 527 1427
Nasdaq Helsinki Ltd
About Purmo Group:
Purmo Group is a leader in sustainable indoor climate comfort solutions in Europe. We provide complete heating and cooling solutions to residential and non-residential buildings, including radiators, towel warmers, underfloor heating, convectors, valves and controls. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our 3,500 employees operate through 46 locations in 21 countries, manufacturing and distributing top quality products and solutions to customers in more than 100 countries globally. www.purmogroup.com