Elite Asset Management Plc: Managers' Transactions

Elite Asset Management Plc, Company Announcement, 4 October 2017, 11:45 a.m. (EET)

Elite Asset Management Plc: Managers' Transactions

This is a notification of transaction which Elite Asset Management Plc is required to publish under MAR art 19.

By this trade Alfred Berg Asset Management AB's ownership in Elite Asset Management Plc ("Elite") is transferred to BNP Paribas Asset Management Holding. The transaction is connected to the agreement of Elite acquiring Alfred Berg Finland entities, which was published in Elite's Company Announcement on 1 August 2017.

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Person subject to the notification requirement Name: Alfred Berg Asset Management AB Position: Closely associated person (X) Legal person

(1) Closely associated person

Name: Trouillard-Perrot, Vincent Position: Member of the Board

Issuer: Elite Varainhoito Oyj LEI: 743700B4GXTH5JBZ6318

Notification type: INITIAL NOTIFICATION Reference number: 743700B4GXTH5JBZ6318_20171004102757_3 ____________________________________________

Transaction date: 2017-09-26 Instrument type: SHARE ISIN: FI4000157441 Nature of the transaction: DISPOSAL

Transaction Details (1): Volume: 406704 Unit price: 3.27839 EUR

Aggregated transactions (1): Volume: 406704 Volume weighted average price: 3.27839 EUR ____________________________________________

Transaction date: 2017-09-26 Instrument type: SHARE ISIN: FI4000157433 Nature of the transaction: DISPOSAL

Transaction Details (1): Volume: 2033518 Unit price: 327839.00000 EUR

Aggregated transactions (1): Volume: 2033518 Volume weighted average price: 327839.00000 EUR

ELITE ASSET MANAGEMENT PLC Board of Directors

Further information: Elite Asset Management Plc

Daniel Pasternack, CEO +358 50 569 3416 daniel.pasternack@elitevarainhoito.fi

Kari Juurakko, Chairman of the Board +358 50 582 7411 kari.juurakko@elitevarainhoito.fi

Certified Advisor Merasco Oy Telephone: +358 9 6129 670

Elite Asset Management Plc is a profitable and growing investment service company offering versatile and high-quality asset management services for both consumer and professional investors. Elite Asset Management Plc is listed on the First North Finland market maintained by NASDAQ Helsinki (Helsinki Exchanges). Elite Asset Management Plc is the parent company of the Elite Group (Elite). Elite's customer base consists of individuals and corporations that the company serves nationwide in 14 different locations. The first company belonging to the current Elite Group was founded in 2000. Elite employs 105 investment professionals and over 40 tied agents. On behalf of its clients, the company manages assets of approximately EUR 3 billion in total. Check out Elite's services at www.elitevarainhoito.fi.

DISTRIBUTION: NASDAQ Helsinki Oy The main news media www.elitevarainhoito.fi