Administer Plc’s directed share issue without payment to the company itself
Administer Plc – Corporate action 17 April 2025 8.30 EET
Based on the authorisation given by the Annual General Meeting held on 10 April 2024, the Board of Directors of Administer Plc has decided on the share issue of a total of 545 633 new shares without payment to the company itself. The share issue will prepare for the payment of purchase price debt concerning the acquisition of Econia Oy.
The new shares yield shareholder rights in the company from the moment of their registration. The new shares are to be registered in the trade register and the book-entry system managed by Euroclear Finland Oy on or about 30 April 2025. The new shares will be admitted to public trading together with other shares in Administer on or about 2 May 2025.
After the registration of the new shares, the total number of shares in the company is 14 954 175 of which 549 586 shares are held by the company as treasury shares.
Additional information:
Kimmo Herranen
CEO
tel. +358 50 560 6322
kimmo.herranen@administer.fi
Certified advisor:
Evli Oyj
Tel: +358 40 579 6210
About Administer Oyj
Administer Group is a multi-talent in payroll and financial management services, software services, consulting, personnel and international services. We are the largest salary outsourcing partner in Finland and the leading expert in the fight against the grey economy. Our services are used by more than 5,000 customers, from SMEs to large companies, as well as municipalities and other public sector actors. Founded in 1985, the company is listed on the First North list of Nasdaq Helsinki.
Administer Group consists of payroll management service company Silta Oy, accounting company Administer, business service and employment expert Econia Oy and software company EmCe Solution Partner Oy. In addition, the Group includes other subsidiaries and associated companies.
www.administergroup.com
Alternative languages
Attachments
Subscribe to our company announcements
Keep up to date with our company announcements by subscribing.
Visit our pressroom and see more company announcements from us.
Our pressroom