Panostaja will distribute an additional dividend at EUR 0.05 per

Panostaja Oyj Stock Exchange Bulletin, Inside Information, Distribution of Additional Dividends June 16, 2022 at 9:30 a.m.

Panostaja will distribute an additional dividend at EUR 0.05 per share

The board of directors of Panostaja Oyj decided today, June 16, 2022, to distribute an additional dividend of EUR 0.05 per share. The decision is based on the authorization given by the General Meeting of February 7, 2022. The ex-dividend date is June 17, 2022, the record date is June 20, 2022 and the payment date is June 20, 2022. June 28. , 2022. The total amount of the additional dividend to be distributed is EUR 2,632,265.60

The general meeting of February 7, 2022 authorized the board of directors to decide, on its own decisions, the possible distribution of assets to shareholders, if the financial situation of the company allows it, either in the form of dividends or in the form of return of capital from invested capital without restriction. equity funds. The maximum distribution of funds carried out on the basis of this authorization may amount to 4,700,000 euros. The authorization includes the right for the Board to decide on all other terms and conditions relating to the said distribution of assets. The authorization will remain valid until the opening of the next General Meeting.

The distribution of Panostaja’s profits reflects the development of the Group’s result over the long term, and the main objective is to ensure the continuity of the Group’s investment activity, after which it will be possible to distribute at least the half of the consolidated annual profit targeted to the shareholders of the parent company, either in the form of dividends, return of capital or share buybacks. During the current financial year, Panostaja successfully increased the value of its subsidiary Grano thanks to the SokoPro transaction. Panostaja is in a good position to implement its renewed strategy which, in addition to creating value from current investments Grano, Hygga, CoreHW, Oscar Software and Gugguu, will focus on several new investments in growing companies in the areas of services and software. during the strategic period 2022-2024. Panostaja’s financial situation, its profit distribution policy as well as the results and prospects of investment activities provide an excellent basis for Panostaja’s additional dividend.

Panostaja Oyj
board of directors

More information:
Tapio Tommila, CEO, Panostaja Oyj, +358 (0)40 527 6311, [email protected]

Panostaja is an investment company developing Finnish companies in the growing services and software sectors as an active shareholder. The company aims to be the most sought after partner of business owners who are divesting their business as well as top managers and investors. Together with its partners, Panostaja increases the Group’s shareholder value and creates Finnish success stories. Panostaja holds a majority stake in four investment goals. Panostaja shares (PNA1V) are listed on the Nasdaq Helsinki Stock Exchange. During the 2021 financial year, the Group’s turnover totaled €133.0 million.

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