Relais Group Plc: Certain shareholders have agreed to amend the terms of the Shareholders' Agreement

RELAIS GROUP PLC, COMPANY RELEASE July 13, 2020, AT 9.15 A.M. EET

Relais Group Plc has been informed by its major shareholders Ari Salmivuori, Ajanta Oy and Nordic Industry Development AB, that these major shareholders have agreed to amend the terms of the shareholders' agreement between the aforementioned parties, the company and certain other shareholders of the company. The shareholders' agreement includes a call option in favor of Ari Salmivuori and Ajanta Oy with respect to certain shares of the company owned by Nordic Industry Development AB.  Ari Salmivuori's and Ajanta Oy's right to exercise such call option with respect to those shares has been extended to last until 30 September 2020.

 

Further information:

Relais Group Plc

Arni Ekholm, CEO

Email: arni.ekholm@relais.fi

Phone: +358 40 760 3323

 

Certified Adviser:

Evli Bank Plc

Phone: +358 40 579 6210

 

DISTRIBUTION:

Nasdaq Helsinki Ltd

Financial Supervisory Authority

Main media

www.relais.fi

 

Relais Group in brief

Relais Group is an importer and technical wholesaler that actively develops its vehicle electrical equipment and spare parts business operations in the Nordic and Baltic countries. Relais Group creates added value for its customers by offering vehicle spare parts, electrical equipment and specialist services throughout the life cycle of vehicles in a reliable, efficient and timely manner. As a strongly growth-oriented company, Relais Group aims to be an industry forerunner in the vehicle life cycle enhancement business. Relais Group's net sales in 2019 were EUR 98.9 million. On 31 December 2019, the company employed 258 people in five different countries.

www.relais.fi

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