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Evli Bank Plc: Conversion of 14,667 Series A share

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Post# of 301275
(Total Views: 58)
Posted On: 11/17/2017 6:00:26 AM
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Posted By: News Desk 2018
Evli Bank Plc: Conversion of 14,667 Series A shares to Series B shares

EVLI BANK PLC STOCK EXCHANGE RELEASE NOVEMBER 17, 2017 AT 11:15 AM

The Board of Directors of Evli Bank Plc have in their meeting on November 9, 2017 approved the request of a shareholder to convert 14,667 Series A shares of Evli Bank Plc to Series B shares in accordance with Article 4 in the Articles of Association.

After the conversion of shares, the company's amount of Series A shares totals 15,795,773 and the amount of B shares totals 7,579,647.  The conversion does not affect the total amount of shares which is 23,375,420. The number of votes of the company's shares is after the conversion 323,495,107.

The conversions of shares were registered in the Trade Register on November 17, 2017. The converted shares will be traded on the Nasdaq Helsinki together with the old shares on November 20, 2017.

EVLI BANK PLC

Juho Mikola CFO

For additional information, please contact: Mikaela Herrala, IR and Communications Manager, Evli Bank Plc, tel. +358 (0)9 4766 9823, mikaela.herrala@evli.com

Evli Bank Plc

Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, investment research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.

Evli has a total of EUR 11.1 billion in client assets under management (net 9/2017). The Evli Group's equity capital totals EUR 66,5 million and its BIS capital adequacy ratio is 14.1 percent (September 30, 2017). The company has more than 200 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.

*TNS Sifo Prospera External Asset Management Finland 2017, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2017 (shared first place).

Distribution : Nasdaq Helsinki Ltd, main media, www.evli.com



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