Result of Wetteri Plc’s share issue to personnel

Wetteri Plc  STOCK EXCHANGE RELEASE 15 March 2024 at 9.30 EET

On 21 December 2023, Wetteri Plc’s Board of Directors decided on a share issue to the personnel of the company and its subsidiaries in the car trade business. A maximum of 100,000 new shares in the company were offered without payment through the share issue to personnel.

A total of 670 employees participated in the share issue, and the Board of Directors approved the issue of a total of 67,000 new shares through the share issue to personnel. The shares issued through the share issue to personnel correspond to around 0,04 % of all the shares and votes in the company.

The new shares accepted in the share issue to personnel will be entered into the Trade Register on or around 20th March 2024, and public trading in the shares is expected to start on or around 25th March 2024 following an application. Following the entry of the new shares into the Trade Register, the total number of shares in the company will be 157,149,545.

Further information:

Aarne Simula, CEO, Wetteri Plc:

Tel. +358 400 689 613,

Panu Kauppinen, CFO, Wetteri Plc

Tel. +358 44 236 3740,

Wetteri Plc – an entrepreneur-driven growth company in the automotive sector

Wetteri Plc is an entrepreneur-driven growth company in the automotive sector. The company engages in the retail sales of passenger cars, commercial vehicles and heavy vehicles, and produces maintenance and repair shop services for vehicles, from passenger cars to heavy vehicles. Headquartered in Oulu, the company has 49 locations in Finland. The company employs nearly 1,000 people, of whom around 70% work in maintenance and repair services. Wetteri promotes digitalisation in the automotive sector and is an important player on the common journey towards emission-free motoring. More information: