Boreo Oyj - Share Issue/Capital Change 2022

Boreo Plc new shares registered to trade register

Boreo Plc Stock exchange release 20 July 2022 at 17:00 EET

Boreo Plc new shares registered to trade register

Boreo Plc announced on 30 June 2022, that the Board of Directors approved a total of 40,000 subscriptions for new shares in the directed share issue for the group’s personnel. The new shares subscribed have been registered into the Finnish Trade Register today, on 20 July 2022. After the registration of the new shares, the company will have 2,686,708 shares in total.

The new shares produce the shareholder rights as of the registration date to Euroclear Finland Ltd book-entry system, on or about 21 July 2022.

The new shares will be admitted to trading on the official list of Nasdaq Helsinki Ltd on or about 21 July 2022.

Vantaa, 20 July 2022

Boreo Plc

Kari Nerg

CEO

Distribution:

NASDAQ Helsinki Ltd

Principal media

www.boreo.com

For more information:

CEO Kari Nerg

+358 44 341 8514

CFO Aku Rumpunen

+358 40 5563546

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.