A change in Etteplan’s share repurchase program

Etteplan Oyj, Stock Exchange Release, August 13, 2019 at 3.00 p.m. 

Etteplan’s Board of Directors has today decided on the following change to the share repurchase program initiated on February 8, 2019. The new maximum repurchase price is EUR 10.5 per share. The previous maximum price was EUR 9.5 per share.  

All other terms of the repurchase program will remain unchanged. Etteplan has published two previous stock exchange releases about the program, on February 7, 2019 and April 4, 2019. 

Since a total of 41,971 of the Company’s own shares were repurchased between February 8, 2019, and July 13, 2019, a total of 18,029 shares can still be repurchased as part of the share repurchase program. At the moment Etteplan holds a total of 136,654 of its own shares corresponding to 0.55 per cent of the total amount of shares and votes.

Vantaa, August 13, 2019 

Etteplan Oyj 

Board of Directors 

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com 

Additional information:
Juha Näkki, President and CEO, tel. +358 10 307 2077
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302 

Etteplan in brief

Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2018, Etteplan had a turnover of approximately EUR 236 million. The company currently has some 3,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com