Nurminen Logistics to issue new shares in the company to the company itself without consideration
The Board of Directors of Nurminen Logistics Plc (the “Company”) has, pursuant to the authorization granted to it by the Annual General Meeting held on 12 April 2019, today resolved to issue 350 000 new shares in the Company to the Company itself without consideration in accordance with Chapter 9, Section 20 of the Finnish Companies Act (624/2006, as amended). The new shares to be issued are of the same class as the existing shares in the Company. The total number of the Company’s shares after the share issue is 44 604 174 shares, of which 352 760 shares in total are held by the Company.
The shares to be issued in connection with the share issue to the Company will be used for the payment of the remuneration of the Board members and/or for the creation of incentives for, or encouraging commitment in, personnel.
The new shares are estimated to be registered with the Finnish Trade Register on or about by 4 October 2019, after which the Company will, without undue delay, apply for the admission of the shares to public trading on the official list of Nasdaq Helsinki Ltd.
Nurminen Logistics Plc
For more information, please contact: Teppo Talvinko, CFO, tel. +358 10 545 4463.
Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality forwarding, cargo handling and value added services as well as railway transports and related to it project transport services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.