Other information disclosed according to the rules of the Exchange 30.10.2023

Gofore begins share purchase programme

Gofore Plc
Other information disclosed according to the rules of the exchange
30 October 2023 1.45 pm EET

Gofore begins share purchase programme

Gofore Plc’s Board of Directors has decided to begin a purchase programme of the company’s own shares based on the authorization granted by the Annual General Meeting on 24 March 2023.  Purpose of the purchase programme is to acquire the company’s own shares to be used in obligations related to current and possibly future incentive arrangements the staff of the Gofore Group and share-based rewards paid to key people.

The maximum number of shares to be purchased is 100,000, which corresponds to less than one percent of the company’s shares. However, no more than EUR 2.5 million will be used to acquire the shares. The shares shall be acquired otherwise than in proportion to the holdings of the shareholders in public trading organized by Nasdaq Helsinki Oy at the market price at the time of acquisition or otherwise at market price. The purchase of the company’s own shares shall commence at the earliest on 1 November 2023 and shall end at the latest on 19 January 2024. The purchase of shares will be funded with the company’s distributable unrestricted shareholders’ equity.

Gofore has appointed Evli Plc as the manager of the share purchase programme. The manager will make trading decisions independently of and without influence from Gofore, within the announced limits. This also applies to the timing of purchases.

Gofore can suspend or terminate the programme before its planned end date. In this case, Gofore issues a related stock exchange release. Before beginning the share purchase programme, Gofore has no own shares in its possession. Gofore Plc has a total of 15,660,139 shares.

The purchases will be carried out in accordance with the so-called safe harbor procedure referred to in the EU Market Abuse Regulation (Regulation No. 596/2014) and the Commission Delegated Regulation (EU) 2016/1052.


About Gofore Oyj

Gofore is an international digital transformation consultancy with Finnish roots. We have over 1,400 impact-driven people in 19 locations across Finland, Germany, Austria, Spain, Estonia and Italy. With our technology and business expertise we build an equal digital society and create sustainable solutions for the intelligent industry. Our diverse group of professionals shares a pioneering ambition to create a more humane, sustainable and ethical digital world. Our values guide our business: Gofore is a great workplace that thrives on customer success. In 2022, our net sales amounted to EUR 149.9 million. Gofore Plc’s share is listed on the Nasdaq Helsinki Ltd. in Finland. Our vision is to be the most significant digital transformation consultancy in Europe. Learn to know us better at gofore.com

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