Efecte Plc: Share subscriptions with options

EFECTE PLC -- COMPANY ANNOUNCEMENT – 31 March 2020 at 9:45 am

Efecte Plc: Share subscriptions with options

A total of 13,500 shares of Efecte Plc have been subscribed for with 2015 stock options. The shares have been registered into the trade register on 31 March 2020, as of which date the new shares will carry equal shareholder rights with the company’s existing shares. Public trading begins on Nasdaq First North Growth marketplace operated by Nasdaq Helsinki Ltd as of 1 April 2020 together with the existing shares.

The entire subscription price of 21,750.00 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 5,973,490 shares.

Additional information on the option programs are available on Efecte's website at 

Further inquiries:

Taru Mäkinen

CFO

Efecte Plc



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Certified Adviser:

Evli Bank Plc, tel 0

Efecte Plc

Efecte is a Finnish software company offering cloud-based Service Management solutions and related supportive professional services. With Efecte’s software, organizations can flexibly manage all internal and external services, for example, an IT, HR or finance department’s services, customer service and access rights. Efecte is one of the leading software vendors in its field for medium-sized and public organizations in Finland and the Nordic countries. The company was established in 1998 and is listed on the Nasdaq First North Growth Market Finland marketplace. Efecte operates in Finland, Sweden, Germany, and Denmark.