Relais Group Plc: Increases in the number of shares registered in the trade register

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Relais Group Plc: Increases in the number of shares registered in the trade register

Relais Group Plc, Company Release 10 June 2021 at 9.00 a.m. EET

Total of 195,750 new share subscriptions based on the company’s stock options 2017A-H and 2019A-C approved by the Board of Directors of Relais Group on 31 May 2021, have been entered into the trade register today. The total of 144,250 of shares were subscribed based on option rights 2017A-H and 51,500 shares based on option rights 2019A-C. The share subscription price under option rights 2017A-H was 3.86 EUR per share and under option rights 2019A-C EUR 3.90 per share.

After these subscriptions, the number of Relais Group Plc's shares and votes will rise to 17,941,433. These increases were recorded in their entirety in the reserve of invested unrestricted equity.

Relais Group Plc has applied for the listing of its new shares on the Nasdaq First North Growth Market Finland in the same series as the company's existing shares. According to the current estimate, the new shares will be listed on 11 June 2021.

Relais Group Plc

Board of Directors

Additional information:
CEO Arni Ekholm
Telephone: +358 40 760 3323

Certified adviser:
Evli Bank Plc
Telephone: +358 40 579 6210

Nasdaq Helsinki Ltd
Financial Supervisory Authority
Main media

Relais Group Plcin brief

Relais Group is the leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We are an industrial operator with 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 2020 was EUR 128.9 (2019: 98.9) million and we employed almost 300 professionals in six different countries. During 2021, we have already made three acquisitions. The combined net sales of the acquired companies total to almost EUR 92 million. Following the acquisitions, we employ more than 800 professionals. Our share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS.