Reka Industrial Oyj

Regulatory Filings • May 27, 2024

Inside information: Reka Industrial Plc aims to increase shareholder value through M&A arrangements

27.5.2024 10:05:00 EEST | Reka Industrial Oyj | Inside information

27.05.2024 10:05:00 EEST | Reka Industrial Plc | Inside information

Inside information: Reka Industrial Plc aims to increase shareholder value through M&A arrangements

The goal of Reka Industrial Plc is to carry out a strategic path, whereby the company can grow its turnover to become a medium-sized listed company within next 5 (five) years.

Reka Industrial has strong expertise in industrial manufacturing and international operations. The sale of Reka Cables realized in spring 2023 creates an opportunity to develop the business of Reka Industrial from a new perspective based on strong ownership and entrepreneurial activity. Reka Industrial´s status as a listed company creates an excellent opportunity for future arrangements.

The Board of Directors of Reka Industrial Plc has drawn up a set of criteria for the next stages of the strategy work and has chosen Sisu Partners as the financial advisor.

Leena Saarinen, Chair of the Board of Directors of Reka Industrial; "The framework for the company´s future strategy has been chosen and we are now continuing the work together with Sisu Partners Oy. We do also the following steps with care."

Hyvinkää, 27 May 2024

Reka Industrial Plc Board of Directors

Further information: Leena Saarinen, Chair of the Board of Directors, tel. +358 40 060 9745 Sari Tulander, President and CEO, tel. +358 44 044 1015 Juha Karttunen, Sisu Partners Oy, tel +358 40 555 4727

About Reka Industrial Oyj

As an industrial family company, we are committed to developing the performance and sustainability of the companies we own. Reka Industrial class B shares are listed on the Nasdaq Helsinki Ltd.

Attachments

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