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eQ Oyj Share Issue/Capital Change 2013

Feb 14, 2013

3263_rns_2013-02-14_8cd388d2-7491-418d-a373-9dcc017ee108.html

Share Issue/Capital Change

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Disclosure 304853

eQ Oyj - Company Announcement

eQ PLC LAUNCHES A SHARE ISSUE DIRECTED TO CERTAIN KEY PERSONS

eQ PLC STOCK EXCHANGE RELEASE 14 February 2013, at 4.00 p.m. eQ PLC LAUNCHES A SHARE ISSUE DIRECTED TO CERTAIN KEY PERSONS The Board of Directors of eQ Plc (eQ) decided, based on the authorisation received from the annual general meeting of eQ held on 13 March 2012, to carry out today a share issue against payment directed to Jussi Mäkinen, Markus Neimo, Jenni Roberts and Niklas Åkerfelt (Key persons) as key persons of the Group. Through the share issue, a total of 145,000 new shares were offered for subscription in deviation from the shareholders' pre-emptive subscription right. As part of the integration process which aims to make the of eQ Group's structure simpler, the Key persons have agreed to sell their minority shareholdings in Icecapital Financial Products Ltd and in relation with the sale of the minority shareholdings, the purpose of the directed share issue is to enhance the Key persons' commitment. eQ has a weighty financial reason to deviate from the shareholders' pre-emptive right, as the shares will be issued to the Key persons in order to incentivise the Key persons and enhance their commitment as Group's key persons. The subscription price will be EUR 2.01 per share. The volume-weighted average price of the company's share on NASDAQ OMX Helsinki Ltd for the period of 20 consecutive trading days before the Board meeting that decided on the personnel issue was EUR 2.23 per share. Thus the discount in the issues is EUR 0.22 for each share i.e. 10 per cent. An amount corresponding to the subscription price of the new shares will be entered into eQ's invested unrestricted equity reserve. The Key persons have today subscribed for all the offered shares and undertaken to pay the subscription price by 28 February 2013. The Board has approved the share subscription. As a result of the share subscription, the Key persons own approximately 0.40 per cent of the shares of eQ. The subscriber has no right to dispose or assign the subscribed shares before 14 February 2014 and if the subscription is more than 20.000 shares not before 14 February 2016. Rights to dividends and other shareholder rights will commence on the day when the new shares have been entered into the Trade Register and the shareholders' register of the company. The shares will be entered onto the subscriber's book-entry account and will become subject to public trading on NASDAQ OMX Helsinki Oy after the shares have been entered into the Trade Register. Due to the share issue, the amount of shares of eQ will grow from the present 36,297,198 shares to 36,442,198 shares. The share capital will not change as a consequence of the share issue. The shares subscribed for in the share issue represent approximately 0.40 per cent of the shares and votes of eQ after the share issue. Helsinki, 14 February 2013 eQ Plc BOARD OF DIRECTORS Additional information: Janne Larma, CEO, tel. +358 40 500 4366 Distribution: NASDAQ OMX Helsinki, www.eQ.fi eQ Group is a Finnish publicly listed group of companies that specialises in asset management and corporate finance operations. eQ Asset Management offers a wide range of asset management services (including private equity funds) for both institutional investors and private individuals. The assets managed by the Group total approximately EUR 6.3 billion. Advium Corporate Finance Ltd, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets. More information about the Group is available on our website at www.eQ.fi.