Brief: Sitowise Group Issues 250,000 New Shares Without Consideration To Company Itself In Directed Issue

Sitowise Oyj

16/12/2021 07:04

Dec 16 (Reuters) - Sitowise Group Oyj  SITOWS.HE :
    * SITOWISE GROUP PLC ISSUES 250,000 NEW SHARES WITHOUT
CONSIDERATION TO THE COMPANY ITSELF IN A DIRECTED ISSUE
    * SITOWISE CARRIES OUT SHARE ISSUE TO ITSELF IN ORDER TO
HAVE A
SUFFICIENT NUMBER OF SHARES AVAILABLE FOR USE IN REINVESTMENTS
AND AS CONSIDERATION IN FUTURE CORPORATE ACQUISITIONS AND IN
COMPANY'S INCENTIVE PLANS AND TO INCREASE COMMITMENT OF KEY
PERSONNEL
    * SHARES ARE EXPECTED TO BE REGISTERED IN TRADE REGISTER AND
ENTERED INTO BOOK-ENTRY SYSTEM OF EUROCLEAR FINLAND LTD ON OR
ABOUT 3 JANUARY 2022
    *  INTENTION IS TO APPLY FOR SHARES TO BE ADMITTED FOR
TRADING ON
OFFICIAL LIST OF NASDAQ HELSINKI LTD ON OR ABOUT 4 JANUARY 2022

Source text for Eikon:  ID:nWkr8D6YzV 
Further company coverage:  SITOWS.HE 

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