Managers’ holdings of shares

Gofore Oyj (Gofore) has defined members of the Board of Directors and members of the Group Executive Team (including the CEO) as persons discharging managerial responsibilities in accordance with the Market Abuse Regulation ((EU) No 596/2014). The managers’ holdings of shares are presented in the below table. The table is updated in the beginning of each month based on the shareholders’ register of Gofore on the last day of the preceding month as well as based on the notifications regarding managers’ transactions.

Board of Directors


Ownership as of 30 September, 2019
Stefan Baggström 2,300
Kristiina Michelsson
Ali Saadetdin 408,936
Sami Somero 144,379
(through its controlled company, Nurmiranta Holdings Oy)
Mika Varjus 1.770,000

Group Executive Team


Ownership as of 30 September, 2019
Kristiina Härkönen 30,000
Timur Kärki 1.875,000
Mikael Nylund 245,025
Ville Tuominen 34,600
Petteri Venola 1.770,000
Juha Virtanen  243,269

Silent period and closed period

Gofore observes a 30-day silent period preceding the publication of its financial results.

In accordance with the MAR, Gofore observes a closed period of 30 days, during which persons discharging managerial responsibilities within Gofore are prohibited from trading the Company’s shares, debt instruments, derivatives or other financial instruments on their own account or for the account of a third party and from conducting other transactions. At Gofore, the closed period also affects persons who act in the informative core of the company.