Boreo Plc – Managers’ transactions – Jesse Petäjä

Boreo Plc – Managers’ transactions – Jesse Petäjä

Boreo Plc                    Managers’ Transactions               17 August 2023 at 17:00 EET

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Person subject to the notification requirement

Name: Jesse Petäjä

Position: Other senior manager

 Issuer: Boreo Oyj

LEI: 743700OD4QRWKZ4ODC98

Notification type: INITIAL NOTIFICATION

Reference number: 36714/4/8

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Transaction date: 2023-08-14

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009900724

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 43 Unit price: 35 EUR

(2): Volume: 59 Unit price: 35 EUR

(3): Volume: 14 Unit price: 35 EUR

(4): Volume: 25 Unit price: 35 EUR

Aggregated transactions (4):

Volume: 141 Volume weighted average price: 35 EUR

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Transaction date: 2023-08-15

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009900724

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 33 Unit price: 35 EUR

(2): Volume: 150 Unit price: 35 EUR

(3): Volume: 33 Unit price: 35 EUR

(4): Volume: 28 Unit price: 35 EUR

(5): Volume: 1 Unit price: 35 EUR

Aggregated transactions (5):

Volume: 245 Volume weighted average price: 35 EUR

Further information:

Aku Rumpunen
CFO
mobile [phone]

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 the long-term. Boreo's business operations are organized into three business areas: Electronics, Technical Trade and Heavy Machines.

Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.

The Group's net sales in 2022 were EUR 160 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.