14 October 2021
Virala Acquisition Company Plc Stock Exchange Release, October 14, 2021 at 8 a.m. EET
Virala Acquisition Company Plc (“VAC”) and Purmo Group Ltd (”Purmo Group”) announced on September 8, 2021 a merger to form a publicly listed company aiming for global leadership in sustainable indoor climate comfort solutions (the “Merger”). VAC will publish further information about the contemplated Merger and the combined company in a merger and listing prospectus on or about in November 2021.
Due to the information required to be included in the merger and listing prospectus, VAC has decided to change its financial reporting practice concerning the year 2021. In addition to half-year and annual financial reports concerning the year 2021, VAC will publish an interim report for the nine months period ended September 30, 2021. The interim report for January – September 2021 will be published on October 21, 2021 approximately at 8:00 a.m. EET.
VIRALA ACQUISITION COMPANY PLC
Johannes Schulman, CEO, tel. +358 50 321 7447
Nasdaq Helsinki Ltd
About VAC – Virala Acquisition Company Plc (VAC) is a Finnish acquisition company, tailored to the Finnish capital markets. The goal of VAC is to identify and execute one or more acquisitions that aim to create significant value for both the shareholders and the target company, as well as complement the Finnish capital markets. VAC seeks one or more companies and/or businesses with an estimated enterprise value ranging from approximately EUR 50 to EUR 500 million. The founding shareholder of VAC is the industrial enterprise Virala which has committed to act as a long-term anchor owner and developer of the companies to be acquired. www.virala.fi/en