ELISA Elisa Oyj Class A

Elisa: Notification of the Managers' Transactions

Elisa: Notification of the Managers' Transactions

ELISA MANAGERS' TRANSACTIONS RELEASE 11 JUNE 2019 AT 3:00 PM

The following notification is made according to Article 19 of the Market Abuse Regulation.

Elisa Oyj - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Mäenpää Pasi

Position: Other senior manager

Issuer: Elisa Oyj

LEI: 743700TU2S3DXWGU7H32

Notification type: INITIAL NOTIFICATION

Reference number: 743700TU2S3DXWGU7H32_20190611141844_3

____________________________________________

Transaction date: 2019-06-11

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009007884

Nature of the transaction: DISPOSAL

Transaction details

(1): Volume: 10 Unit price: 41.62 EUR

(2): Volume: 47 Unit price: 41.62 EUR

(3): Volume: 150 Unit price: 41.62 EUR

(4): Volume: 91 Unit price: 41.63 EUR

(5): Volume: 80 Unit price: 41.62 EUR

(6): Volume: 25 Unit price: 41.62 EUR

(7): Volume: 90 Unit price: 41.62 EUR

(8): Volume: 152 Unit price: 41.63 EUR

(9): Volume: 752 Unit price: 41.64 EUR

(10): Volume: 502 Unit price: 41.64 EUR

(11): Volume: 451 Unit price: 41.64 EUR

(12): Volume: 33 Unit price: 41.62 EUR

(13): Volume: 69 Unit price: 41.62 EUR

(14): Volume: 48 Unit price: 41.61 EUR

Aggregated transactions

(14): Volume: 2,500 Volume weighted average price: 41.63442 EUR



ELISA CORPORATION

Vesa Sahivirta

IR Director

tel. 5

Distribution:

Nasdaq Helsinki

Principal media

EN
11/06/2019

Underlying

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Reports on Elisa Oyj Class A

Stefan Gauffin
  • Stefan Gauffin

Elisa (Hold, TP: EUR45.00) - First quarter for new CEO

Q2–Q4 2023 revenues were below consensus, due to weakness in International Digital Services (IDS). Ahead of the Q1 results (due at 07:30 CET on 19 April), we are in line with consensus on sales and EBITDA. We reiterate our HOLD and EUR45 target price.

Elisa Oyj: 1 director

A director at Elisa Oyj bought 3,000 shares at 41.910EUR and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...

Stefan Gauffin
  • Stefan Gauffin

Elisa (Hold, TP: EUR45.00) - IDS still below our forecast

For the third consecutive quarter, International Digital Services’s revenue growth disappointed, resulting in a miss versus consensus on revenue. We believe the trends in IDS need to turn before investors could turn more positive. We reiterate our HOLD and EUR45 target price.

Stefan Gauffin
  • Stefan Gauffin

Elisa (Hold, TP: EUR45.00) - Awaiting improving trends

Elisa missed our expectations and consensus in Q2 and Q3 2023. Ahead of the Q4 report (due at 07:30 CET on 26 January), we are marginally below consensus on sales and EBITDA. We reiterate our HOLD and EUR45 target price.

Stefan Gauffin
  • Stefan Gauffin

Elisa (Hold, TP: EUR45.00) - IDS and MSR disappoint in Q3

The Q3 results missed our forecasts, as IDS customers are delaying projects and MSR growth slowed QOQ, particularly in Estonia. This weaker growth versus key peers Telia/Tele2 limits the potential upside in our view; we reiterate our HOLD and have lowered our target price to EUR45 (47.5).

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