Release

Gofore Plc: Gofore Plc completed repurchase of own shares

Gofore Plc: Gofore Plc completed repurchase of own shares

GOFORE PLC COMPANY ANNOUNCEMENT 30 JUNE 2020 AT 14.00  

Gofore Plc completed repurchase of own shares

Gofore has completed the repurchase of own shares. Company announced the start of the repurchase program on 24 March, 2020. The repurchase commenced on 26 March, 2020 and ended on 30 June, 2020. During that time, Gofore acquired a total of 57,839 own shares for an average price of EUR 7,08 per share. The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. 

The repurchased shares were acquired on the basis of the authorisation given by the Annual General Meeting on 26 March, 2019 and shall be used as a part of purchase price in potential corporate acquisitions, as a part of company’s share-based incentive schemes, and otherwise for further transaction, and for the company to withhold or nullify.

According to the incentive program targeted at Silver Planet Oy personnel a total of 24,154 Gofore shares were granted without compensation to Silver Planet Oy personnel on 28 April, 2020.

Following the end of the repurchase program, Gofore Plc holds a total of 33,859 own shares, corresponding to 0.24% of the total number of shares. The total number of shares is 14,012,802.

Further enquiries:   
Teppo Talvinko, CFO, Gofore Plc
tel. +358 40 715 3660
teppo.talvinko@gofore.com
     
Certified Adviser: Evli Bank Plc, tel. +358 40 579 6210   
  
Gofore Plc is a Finnish digitalisation specialist with international growth plans. We’re made up of over 600 people across Finland, Germany, Spain and Estonia – top experts in our industry who are our company’s heart, brain, and hands. We use consulting, coding and design as tools to incite positive change. We care for our people, our customers, and the surrounding world. Our values guide our business: Gofore is a great workplace that thrives on customer success. In 2019, our net sales amounted to EUR 64.1 million. Gofore Plc’s shares are quoted in the Nasdaq First North Growth Market Finland. Learn to know us better at www.gofore.com.