Wetteri Plc’s new shares have been registered in the trade register

Wetteri Plc  Stock Exchange release 22 March 2024 at 11.00 EET

On December 21, 2023, Wetteri announced a free share issue aimed at personnel. A total of 670 employees participated in the personnel offering, and the board has issued a total of 67,000 new company shares. The free share issue aimed at personnel has been carried out on the basis of the authorization given by the Wetteri’s General Annual Meeting on 8th May 2023.

After the share issue, the number of Wetteri’s shares has increased to a total of 157,149,545 shares from the previous 157,082,545 shares. The company’s share capital has not changed due to the share issue. The registered capital is 67,000 euros. The new shares have been registered in the trade register 22.3.2024 and will be publicly traded on Helsinki Stock Exchange approx. on 25 March 2024

Additional information

Aarne Simula, CEO and President, Wetteri Plc

Tel. 0400 689 613, aarne.simula@wetteri.fi

Wetteri Plc – An Entrepreneur-Driven Automotive Growth Company

Wetteri Plc is an entrepreneur-driven growth company in the automotive industry. In addition to the retail trade of passenger, utility and heavy-duty vehicles, the Company provides maintenance and damage repair services from passenger cars to heavy-duty vehicles. The Company has 49 offices in its home country, headquartered in Oulu. The company employs around 1000 people, of whom nearly 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: sijoittajat.wetteri.fi/en/