GOFORE PLC COMPANY ANNOUNCEMENT 7 NOVEMBER 2018 AT 13:00
Gofore Plc's directed share issue without payment for the conveyance of share-based employment contract signing bonus
On February 15, 2018, the company announced a share-based employment contract signing bonus in Finland. In accordance with the Board of Directors' resolution, each new employee is given company shares with a value of EUR 1,500 as an employment contract signing bonus. Matching shares were offered during the period between 15 February and 30 June, 2018, for a total of 49 permanent employment contracts.
Based on the average price for the above-mentioned term, the Board of Directors has confirmed the total number of employment contract signing bonus shares at 8,526 shares, or 174 shares per employee.
The company's Board of Directors has decided to hold a directed share issue without payment to convey the shares to the 49 employees. Shares are fully paid to employees and employees are responsible for the tax consequences of the transfer of shares themselves. The trade volume-weighted average of the conveyed shares is EUR 83,469,54 in October, 2018.
The new company shares will be entered in the Trade Register on or about 15 November 2018 and trading on the new shares at the First North Finland market administered by Nasdaq Helsinki Ltd. will begin on 16 November 2018. Following the registration of the shares subscribed for in the share issue, the total number of the company shares is 13,117,156. The new shares correspond to approximately 0.06% of the company's share capital following the registration of the new shares.
Timur Kärki, CEO, Gofore Plc
tel. +358 40 828 5886
Certified Adviser: Evli Bank Plc, tel. +358 40 579 6210
Gofore Plc is a digitalisation specialist operating since 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 470 people in Helsinki, Jyväskylä, Tampere, Turku, London, 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.