Issuance of Aktia Bank Plc shares to staff


Aktia Bank Plc
Stock market press release
August 31, 2021 at 5:30 p.m.

Issuance of Aktia Bank Plc shares to staff

Aktia Bank Plc announced on August 13, 2021 that the company plans to organize an employee capital increase.

The Board of Directors (Board) has adopted the terms and conditions for the issue of shares. A maximum total of 1,000,000 new company shares will be offered for subscription to staff of companies in the Aktia group, in derogation from the preferential subscription rights of shareholders. In the event of oversubscription, the Board has the right to increase the number of new shares offered, up to a maximum total of 2,000,000 new shares.

The share subscription price is 10.14 euros per share. The share subscription price is based on the volume-weighted average trading price of the Company’s share on Nasdaq Helsinki Ltd between July 1 and July 31, 2021 and a discount of 10 percent thereof. . The average share price was 11.26 EUR per share from July 1 to July 31, 2021. The subscription period for shares is from September 9 to September 22, 2021. The minimum subscription is 500 shares and the maximum subscription is 70 000 shares.

The subscribed shares are subject to a transfer restriction, which is specified in the general conditions for the issue of shares. A subscriber is not entitled to sell 50 percent of the subscribed shares within 18 months and 50 percent of the subscribed shares within 36 months of the listing of the shares in a subscriber’s registration account.

The result of the share issue is expected to be announced around September 30, 2021.

The decision to issue shares is based on the authorization to issue shares given by the General Meeting of Shareholders of April 13, 2021.

Aktia Bank Plc

Additional information:
Mikko Ayub, CEO
Phone. +358 10 247 5121

Nasdaq Helsinki Oy

Aktia is a Finnish asset manager, bank and life insurer who has been creating wealth and well-being from generation to generation for 200 years. We serve our clients anywhere in digital channels and face to face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management firm sells investment funds internationally. We employ around 900 people in Finland. Aktia’s assets under management as of June 30, 2021 were € 15.6 billion and the balance sheet total was € 11.2 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA).

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