Olvi Plc to Initiate Repurchase Shares

Olvi Plc                                     Stock Exchange Release 24 Feb 2021 at 3.00 pm

Olvi Plc to Initiate Repurchase Shares

In its meeting on 19 February 2021, the Board of Directors of Olvi plc has decided to initiate a scheme of acquiring treasury shares based on the authorisation issued by the Annual General Meeting on 8 April 2020. On this basis, the Board will repurchase a maximum of 10,000 Series A shares.

The repurchase is part of the new share-based incentive plan informed in stock exchange release on 2 February 2021.

The period of share purchases will start no earlier than 25 February 2021 and end by 30 March 2021.

The shares will be acquired at market price in NASDAQ OMX Helsinki, in public trading and at the quoted price on the date of purchase, in accordance with the regulations concerning the purchase of shares in public trading.

The company currently holds 16,599 of its Series A shares as treasury shares.

Olvi plc

Lasse Aho
Managing Director
Phone +358 17 838 5200 or +358 400 203 600

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.olvi.fi