GOFORE PLC COMPANY ANNOUNCEMENT 31 AUGUST 2018 AT 13:00 EET

Acquisition of Solinor Oy and directed share issue realised

On 29 August 2018, Gofore Plc announced that it had signed an agreement on the acquisition of the entire share capital of Solinor Oy.

Today, the conditions for carrying out the acquisition were met, and the entire shareholding of Solinor Oy transferred into Gofore's possession starting from 31 August, 2018.

By virtue of the share issue authorisation of the Annual General Meeting of 27 March 2018, today on 31 August 2018 Gofore's Board of Directors has decided to issue shares in a private placing to sellers of Solinor as part of the purchase price. A total of 159,830 new Gofore shares were subscribed for in the share issue at EUR 8.76 per share subscription price. The rest of the purchase price was paid in cash.

The new shares will be entered in the Trade Register approximately on 4 September 2018, and trading in the new shares on the stock list of Nasdaq Helsinki administered First North Finland marketplace is expected to begin on or about 5 September, 2018. After the registration of the shares subscribed for in the issue, the total number of Gofore shares will be 13,108,630. The number of shares subscribed for in the share issue corresponds to approximately 1.2 per cent of Gofore's share capital after the registration of the new shares.

For further information:
Timur Kärki, CEO, Gofore Plc 
tel. +358 40 828 5886 
timur.karki@gofore.com 

Gofore Plc is a company specialising in digitalisation established in 2002. We offer modern services that help operators in the private and public sectors to move with the times. Our mission is to change the world for the better through digitalisation and by renewing the ways of working. Our services cover the entire value chain - from management consultation to service design and implementation as well as cloud services. Gofore currently employs over 410 people in Helsinki, Jyväskylä, Tampere, Turku, Swansea, Munich and Madrid. Gofore was chosen as the best workplace in Finland and the second-best workplace in Europe in the Great Place to Work® 2017 survey. In 2017, our net sales were EUR 34 million. Gofore Plc's shares are quoted in the First North Finland market administered by Nasdaq Helsinki Ltd. More information is available at www.gofore.com