Boreo Plc – Managers’ transactions – Kari Nerg

Boreo Oyj

Boreo Plc – Managers’ transactions – Kari Nerg

Boreo Plc                           Managers’ Transactions 1 July 2022 at 09:00 EET

Person subject to the notification requirement

Name: Kari Nerg

Position: Chief Executive Officer

Issuer: Boreo Oyj

LEI: 743700OD4QRWKZ4ODC98

Notification type: INITIAL NOTIFICATION

Reference number: 16501/5/4

____________________________________________

Transaction date: 2022-06-29

Venue not applicable

Instrument type: SHARE

ISIN: FI0009900724

Nature of the transaction: SUBSCRIPTION

Transaction details

(1): Volume: 6768 Unit price: 37.56 EUR

Aggregated transactions

(1): Volume: 6768 Volume weighted average price: 37.56 EUR

Further information:

Aku Rumpunen
CFO
mobile +358 40 556 3546

Distribution:
NASDAQ Helsinki Ltd
Principal media

www.boreo.com

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium sized companies in Northern Europe. Boreo's business operations are organized into three business areas: Electronics, Technical Trade and Heavy Machines.

Boreo’s main objective is to create shareholder value in the long-term. It aims to achieve this with an acquisition-driven strategy, creating optimal conditions for its businesses to increase sales and improve profitability, and by being a best-in-class home for its companies and personnel. ​

The Group's net sales in 2021 were EUR 146.5 million and it employs over 400 people in eight countries. The company’s headquarter is in Vantaa.