Relais Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act

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Relais Group Plc
Stock Exchange Release 22 June 2023 4.45 p.m. EEST

Relais Group Plc (“the Company”) has received on 22 June 2023 an announcement from Evli Plc in accordance with the Finnish Securities Market Act Chapter 9, Section 5, according to which the total holding of funds (Evli Finnish Small Cap Fund and Evli Finland Select Fund) managed by Evli Plc’s subsidiary Evli Fund Management Company Ltd in Relais Group Plc’s shares and votes has increased above five (5) percent. The ownerships have changed on 21 June 2023.

Total positions of the funds (Evli Finnish Small Cap Fund and Evli Finland Select Fund) managed by Evli Plc’s subsidiary Evli Fund Management Company Ltd is 1,020,666 shares corresponding to an ownership of 5.63 percent of the Company’s shares and votes after the notification.

On 21 June 2023 the share capital of Relais Group Plc comprised in total 18,132,308 shares.

Relais Group Plc

Further information:
Thomas Ekström, CFO
Phone: +358 50 381 9751

Relais Group

Relais Group is a leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We have a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.

We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.

Our net sales in 2022 was EUR 260.7 (2021: 237.8) million. During 2022, we completed a total of three acquisitions. We employ approximately 1,000 professionals in six different countries. The Relais Group share is listed on the Main Market of Nasdaq Helsinki with the stock symbol RELAIS.