Invitation to an event for the shareholders of Toivo Group Plc
Press release 25 March 2022 at 10 p.m.
In order to prevent the spread of COVID-19, the 2022 Annual General Meeting of Toivo Group Plc (hereinafter referred to as “Toivo”) will be held without shareholders and their proxy representatives being present at the meeting venue.
All shareholders are invited to join a virtual event for shareholders, which will take place 31 March 2022 immediately after the Annual General Meeting at 3 p.m. In this event, shareholders can view the presentations by the Chair of the Board of Directors and by the CEO of Toivo, followed by a Q&A session where the participants can present questions online. However, shareholders are requested to take into consideration that the questions presented in the Q&A session are not questions pursuant to Chapter 5, Section 25 of the Finnish Limited Liability Companies Act.
The virtual shareholder event can be attended via Teams. Connect to the event in Teams:
- By clicking on this link at 3 p.m. on 31 March 2022: Link to the shareholder event of Toivo Group Plc
- By requesting the link via e-mail: markus.myllymaki@toivo.fi
“We want to warmly welcome all shareholders to the event. To make the event safer and more accessible due to the pandemic, we will organise the event in a virtual form. We would like to thank every participant in advance and extend our gratitude for this opportunity to discuss with the shareholders,” says Markus Myllymäki, CEO of Toivo.
For further information, please contact
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 (0)40 847 6206
markus.myllymaki@toivo.fi
About Toivo
Toivo is a Finnish real estate company that was founded in 2015. Its business consists of developing apartment lots, constructing housing and ownership of apartments. The Company’s business model is unique as Toivo’s business combines the value chain of real estate business from development and construction to ownership, management and rental of a completed property. Toivo manages the entire life cycle of residential real estate with its own team, from raw land development to renting apartments. This way Toivo is able to generate additional value to its customers, shareholders and stakeholders.
Toivo’s strategy is to develop apartments in accordance with the Toivo concept. The apartments aim for a strong development margin and a stable and attractive return, and this way enable long-term ownership and the generation of higher additional value to Toivo’s customers. Toivo has a knowledgeable and experienced team of experts with strong merits in the real estate business. The members of Toivo’s team have been involved in the development and construction of over 17,000 apartments, and they have an average of ten years of experience.
Toivo’s revenue in 2021 was EUR 13.6 million and its operating profit was EUR 15.8 million.