Conveyance of Tokmanni Group Corporation’s own shares under share-based incentive program

Tokmanni Group Corporation        Stock exchange release        22 March 2023 at 4:25 pm

A total of 5,025 of Tokmanni Group Corporation's own shares have been conveyed without consideration to the 57 employees participating in the share-based incentive program 2022 under the terms and conditions of the plan. The earned shares will be released from restrictions in January 2025. If the employee’s employment ends before the end of the restriction period, the shares will return to the company.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 23 March 2022.

After the transfer of shares, Tokmanni holds 45,038 own shares as treasury shares.

Further Information, please contact

Tapio Arimo, CFO and CIO
tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi

Tokmanni in brief

Tokmanni is Finland’s leading variety discount retailer. Around 4,300 Tokmanni employees make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With online stores and more than 200 Tokmanni, Miny, Click Shoes and Shoe House stores, Tokmanni is always close to its customers. In 2022, Tokmanni’s revenue was EUR 1,168 million and comparable EBIT amounted to EUR 86 million. Tokmanni's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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