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VERK - Verkkokauppa.com Oyj News Story

€9.15 0.1  0.6%

Last Trade - 12/04/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £353.1m
Enterprise Value £334.7m
Revenue £480.5m
Position in Universe 570th / 1831

Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors

Wed 17th February, 2021 7:45am
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Verkkokauppa.com Oyj Stock Exchange Release February 17, 2021 at 9:45 EET

Transfer of shares held by Verkkokauppa.com Oyj for the payment of the
remuneration to the Board of Directors

Based on the decision of the Annual General Meeting held on March 31, 2020,
Verkkokauppa.com Oyj has today transferred a total of 2,265 treasury shares
held by the Company to the Board Chair and certain members of the Board of
Directors as part of the annual fees of the Board of Directors. The payable
amount of annual remuneration was paid fully in cash to Samuli Seppälä.

The Annual General Meeting of Verkkokauppa.com Oyj resolved on March 31, 2020
that as a rule 50 percent of the annual fee of the Board Chair and the members
of the Board of Directors will be paid in Verkkokauppa.com Oyj shares either
purchased from the market or alternatively by using treasury shares held by
the Company.

After the transfer of the shares, Verkkokauppa.com Oyj holds 350,633 treasury
shares. The resolutions of the Annual General Meeting were announced in a
company release on March 31, 2020.

For more information, please contact:

Panu Porkka
 CEO
 panu.porkka@verkkokauppa.com
 Tel. +358 10 309 5555

Mikko Forsell
 CFO
 mikko.forsell@verkkokauppa.com
 Tel. +358 50 434 2516

Distribution:

Nasdaq Helsinki
 Principal media
 www.verkkokauppa.com

Verkkokauppa.com in short

Verkkokauppa.com is Finland’s most popular and most visited Finnish online
retailer, with the aim to sell to products to its customer at probably always
cheaper prices. Depending on the season, the Company markets, sells, and
distributes some 60,000–70,000 products in 26 different main product
categories through its webstore, retail stores, and network of pick-up points.
The Company has four megastores: in Oulu, Pirkkala, Raisio, and Helsinki, in
addition to which products can be collected at more than 3,000 pick-up points.
Verkkokauppa.com was founded in 1992 and it is headquartered in Jätkäsaari,
Helsinki. The Company’s shares are listed on the official list of Nasdaq
Helsinki under the ticker symbol VERK
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