Efecte Plc: Share subscriptions with options
EFECTE PLC -- COMPANY ANNOUNCEMENT -- 12 December 2018 at 10:30
Efecte Plc: Share subscriptions with options
A total of 3 000 shares of Efefcte Plc have been subscribed for with 2011 stock options. The shares are expected to be entered into the trade register on 18 December 2018, as of which date the new shares will carry equal shareholder rights with the company’s existing shares. Public trading is expected to begin on Nasdaq First North marketplace operated by Nasdaq Helsinki Ltd as of 19 December 2018 together with the existing shares.
The entire subscription price of 1 740.00 euro will be recorded in the reserve of invested non-restricted equity, and the company’s share capital remains unchanged. The shares have no nominal value.
After the subscriptions, the number of Efecte’s shares will rise to 5 813 988 shares.
Additional information on the option programs are available on Efecte's website at
Further enquiries:
Hannu Nyman
CFO
Efecte Plc
3
Certified Adviser:
Evli Bank Plc, tel 0
Efecte Plc
Efecte is a Finnish software company that provides cloud-based service and identity management software solutions, as well as related consultancy services. They simplify and improve the efficiency of managing the services, IT systems and infrastructure in an organization. Measured by number of customers, Efecte is one of the leading software vendors in its field to large, medium-sized and public organizations in Finland and the Nordic countries. The Company was founded in 1998. In addition to Finland, it has operations in Sweden, Denmark, and Germany.
