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GRK Infra Plc has resolved on a directed share issue to certain key persons of Keski-Suomen Betonirakenne Oy
30.6.2026 12:20:09 EEST | GRK Infra Oyj | Other information disclosed according to the rules of the Exchange
GRK Infra Plc OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE 30 June 2026 at 12.20 p.m. EEST
GRK Infra Plc ("GRK") has today announced the completion of the acquisition of Keski-Suomen Betonirakenne Oy (the "Transaction") from its current shareholders (the "Sellers"). GRK has also announced today that its Board of Directors has resolved on a directed share issue to the Sellers , whereby GRK has issued a total of 1,676,273 new shares (the "Consideration Shares").
Directed share issue to key persons and loans granted by GRK to key persons
In addition to the issuance of the Consideration Shares, the Board of Directors of GRK has today resolved on a directed share issue to certain key persons of KSBR who are not Sellers (the "Key Persons") (the "Incentive Issue"). The Board of Directors of GRK has resolved on the Incentive Issue pursuant to the authorisation granted by GRK's Annual General Meeting held on 30 March 2026.
GRK has issued in the Incentive Issue a total of 121,375 new shares (the "Incentive Shares"), and the subscription price of the Incentive Shares has been agreed to be EUR 16 per share, which corresponds to the subscription price of the Consideration Shares. The subscription price will be recorded into GRK's reserve for invested unrestricted equity. The Incentive Shares are intended to incentivise the Key Persons to commit to the company on a long-term basis.
The Incentive Shares represent approximately 0.28 per cent of all shares (including the Consideration Shares) prior to and following the Incentive Issue. The total number of all shares in the company following the Incentive Issue will be 42,766,879 shares (including the Consideration Shares).
The subscription price of the Incentive Shares is paid partly in cash and partly by setting off the subscription price against a loan granted by GRK to the Key Persons.
The Incentive Shares are expected to be registered in the Trade Register on or about 2 July 2026, and GRK intends to apply for the admission of the Incentive Shares to trading on the regulated market maintained by Nasdaq Helsinki Ltd. Trading in the Incentive Shares on Nasdaq Helsinki is expected to commence on or about 3 July 2026, subject to the approval of the listing application.
The Key Persons have committed to a transfer restriction concerning the Incentive Shares prohibiting the disposal of the Incentive Shares by the Key Persons. The Key Persons have committed to a transfer restriction expiring 36 months from the completion of the Transaction.
GRK Infra Plc
Contacts
- Mika Mäenpää, CEO, GRK Infra Plc, mika.maenpaa@grk.fi
About GRK Infra Oyj
GRK designs, repairs and builds roads, highways, tracks and bridges in order to make everyday life run smoothly, promote people meeting each other and to create a more sustainable future. GRK's expertise also include selectricity network construction and environmental technology. We operate in Finland, Sweden and Estonia with approximately 1,200 professionals. GRK's core competencies include the execution of versatile infrastructure construction projects, project management of both small and large projects as well as extensive rail expertise. GRK provides services from design to construction and maintenance.
Our customers include the state administration, municipalities and cities, as well as the private sector. GRK works on several projects in alliance with other companies of the infrastructure construction sector.
In addition to the parent company GRK Infra Oyj, the GRK Group includes country companies in each operating country: GRK Suomi Oy in Finland, GRK Eesti AS, A-Kaabel OÜ and Novus Initium Investments OÜ in Estonia and GRK Sverige AB in Sweden. The parent company GRK Infra Plc is responsible for the Group’s administration and financing. The country companies carry out the Group’s operative activities.