Capital/Financing Update • Nov 29, 2018
Capital/Financing Update
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Disclosure 366500
MARTELA CORPORATION STOCK EXCHANGE RELEASE 29 NOV 2018
Martela Oyj and Lago Kapital Ltd have signed a Liquidity Supporting (LS) agreement. Liquidity Supporting will commence on December 3rd, 2018.
According to the agreement Lago Kapital Ltd will quote bids and offers for Martela Oyj's share so that the spread between the bid and offer prices is a maximum of 5 per cent calculated on the bid price. The bids and offers quoted by the liquidity provider must be for at least 2000 euros worth of shares.
Lago Kapital Ltd shall quote bids and offers for Martela Oyj's share in the trading system of NASDAQ Helsinki Finland on each trading day for at least 85 percent of the Continuous Trading period and in the auction procedures applicable to the share.
Purpose of the liquidity support program is to increase Martela Oyj’s shares liquidity and to decrease the price volatility of the share. This will help especially trading of small investors.
Martela Oyj
Matti Rantaniemi
CEO
Further information
CFO Kalle Lehtonen, tel + 358 400 539 968
Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”. Martela provides people centric workplaces where the users and their wellbeing are in the core. We will focus on the Nordic countries, as the Nordic countries are forerunner in hybrid working environments with common open work culture background and needs.
Distribution
NASDAQ Helsinki
Main news media
www.martela.com
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