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Harvia Oyj — Director's Dealing 2018
Mar 23, 2018
3270_dirs_2018-03-23_8fd0f333-df9b-46a2-8766-396355fb0e6e.html
Director's Dealing
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Disclosure 360073
Harvia Oyj - Managers' transactions
Harvia Oyj: Managers' transactions
HARVIA PLC STOCK EXCHANGE RELEASE 23 MARCH 2018 AT 3.00 P.M. EET Harvia Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Vesterinen, Ari Position: Chief Financial Officer Issuer: Harvia Oyj LEI: 7437002ULTBOWQQOXL69 Notification type: INITIAL NOTIFICATION Reference number: 7437002ULTBOWQQOXL69_20180322210259_2 ____________________________________________ Transaction date: 2018-03-21 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI4000306873 Nature of the transaction: SUBSCRIPTION Transaction details (1): Volume: 6,666 Unit price: 4.5 EUR Aggregated transactions (1): Volume: 6,666 Volume weighted average price: 4.5 EUR Additional information: Ari Vesterinen, CFO tel. +358 40 5050 440 [email protected] Harvia in short Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue.([1]) Harvia's brands and product offering are well-known in the market([2]) and the Company's comprehensive product offering strives to meet the needs of the international sauna and spa market, of both private and professional customers. Harvia's revenue amounted to EUR 60.1 million in 2017, its operating profit was EUR 9.3 million and adjusted operating profit EUR 10.7 million during the same period. The Company employs some 365 professionals in Finland, China and Hong Kong, Romania, Austria, Germany and Estonia. The company's headquarters in Muurame, Finland are adjacent to its largest sauna and sauna component manufacturing facility. ([1]) International Management Consultant Analysis conducted in autumn 2017 and commissioned by Harvia. ([2]) The Harvia brand was the most recognised sauna brand in a survey of Finnish, Swedish, German, Russian and American consumers (altogether 810 consumers) conducted by an international management consultant company in autumn 2017 and commissioned by Harvia. []