Correction: Transfer of EAB Group’s own shares

EAB Group Plc, Stock Exchange Release, 7 November 2019, 9:35 a.m. (EET)

Correction: Transfer of EAB Group’s own shares

The stock exchange release EAB Group Plc published on 6 November 2019 at 3.30 p.m. had a mistake in the amount of company’s own shares. The right amount is 1,903 company’s own shares.

Below is the corrected stock exchange release:

On 6 November 2019, EAB Group Plc transferred a total of 3,247 own shares held by the company to the key employees of the company without consideration. The transfer is related to the payment of deferred variable remuneration and is in accordance with the Company's remuneration scheme.

The regulation requires that, to the extent that a reward scheme for so-called risk-takers may result in a variable remuneration of more than €50,000 per calendar year, at least 40% of the defined variable remuneration must be deferred over a period of 3–5 years. Up to half of the remuneration payable at any given time may be paid in cash. The non-cash payment must be made in EAB Group Plc shares.

Following the transfer, EAB Group Plc holds 1,903 own shares.

EAB GROUP PLC
Board of Directors

Further information:

EAB Group Plc

Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@eabgroup.fi

Therese Cedercreutz, Chairman of the Board
+358 40 544 2502
therese.cedercreutz@weareinc.fi

EAB Group offers versatile and high-quality saving, investment and asset management services for private investors, institutions and professional investors. The Group's parent company EAB Group Plc’s share is listed on the Nasdaq Helsinki stock exchange. EAB Group uses the name Elite Alfred Berg as its marketing name. The Group companies include EAB Asset Management Ltd offering asset management activities, and EAB Fund Management Ltd acting as a fund company and authorised alternative investment fund manager. The Groups’ customer base consists of individuals and corporations that are served nationwide in 13 different locations. The Group employs 85 investment professionals, and over 20 tied agents provide its services. On behalf of its clients, the Group manages assets of over EUR 3 billion in total. Check out EAB Group’s services at www.eabgroup.fi.

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www.eabgroup.fi