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Consti Group Plc: Transfer of own shares CONSTI

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Post# of 301275
(Total Views: 54)
Posted On: 03/09/2017 7:00:19 AM
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Posted By: News Desk 2018
Consti Group Plc: Transfer of own shares

CONSTI GROUP PLC STOCK EXCHANGE RELEASE 9 MARCH 2017, at 13.15 p.m.

Transfer of Consti Group Plc's own shares

Consti Group Plc's ("Company") Board of Directors has today on 9 March 2017 decided on transferring a total of 7,189 own shares (CONSTI) related to the purchase of the shares of Pisara Steel Oy. In accordance with the share purchase agreement, part of the purchase price is paid with Company's own shares. The value of the transferred shares is approximately EUR 109,992 in total, calculated based on the weighted average share price of the Company in the period of 8 December 2016 - 7 March 2017 in accordance with the terms of the share purchase agreement. After the transfer, the Company holds a total of 201,219 own shares.

CONSTI GROUP PLC

Further information: Marko Holopainen, CEO, Consti Group Plc, Tel. +358 400 458 158 Esa Korkeela, CFO, Consti Group Plc, Tel. +358 40 730 8568

Distribution: Nasdaq Helsinki Ltd. Major media www.consti.fi

Consti is a leading Finnish company concentrating on renovation and technical services. Consti offers comprehensive building technology, pipeline renovation, renovation contracting, façade renovation and other demanding construction and maintenance services for residential and commercial buildings. In 2016, Consti Group's net sales amounted to 262 million euro. It employs about 900 professionals in renovation construction and building technology.

Consti Group Plc is listed on Nasdaq Helsinki. The trading code is CONSTI. www.consti.fi



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