Apetit Plc: Announcement of conveyance of own shares

Apetit Plc, Stock exchange release on 16 March 2023 at 01:00 p.m.

Apetit Plc: Announcement of conveyance of own shares

On 15 February 2023, Apetit Plc’s Board of Directors has decided on a directed share issue without payment as remuneration in accordance with the long-term matching share plan 2021–2023.

On 15 March 2023, Apetit Plc has conveyed (other conveyance) a total of 4,400 treasury shares held by the company (APETIT) as remuneration to key employees included in the long-term matching share plan. A stock exchange release on the establishment and key terms of the programme was published on 23 April 2021.

The assignment value was EUR 55,836 in total. The assignment value of the shares at the time of the conveyance was determined in public trading arranged by NASDAQ Helsinki Ltd based on the weighted average price on 15 March 2023. After the above-mentioned conveyance, the company holds 73,268 shares.

The conveyance of the shares is based on the authorisation granted to the Board of Directors by the Annual General Meeting on 5 May 2022. On the basis of the authorisation, the Board of Directors may decide on issuing shares in one or more tranches. On the basis of the authorisation, a maximum of 600,000 new or treasury shares may be issued.

Apetit Plc 

For further information, please contact: 

CFO Susanna Tevä 
firstname.lastname (a) apetit.fi 

Apetit is a food industry company firmly rooted in Finnish primary production. Our operations are based on a unique and sustainable value chain: we create well-being with vegetables by offering tasty food solutions that make daily life easier and produce high-quality vegetable oils and rapeseed expellers for feeding stuff. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2022, Apetit Group's net sales were EUR 182 million.