Relais Group Oyj: Relais Group Plc: Increase in the number of shares registered in the trade register

Relais Group Plc: Increase in the number of shares registered in the trade register

Relais Group Plc, Company Release 9 February 2021 at 9.00 a.m. EET

Total of 388,851 share subscriptions based on the directed share issue approved by the Board of Directors of Relais Group Plc on 11 January 2021, have been entered into the trade register today. The subscription price for the shares was EUR 10,2243 per share. The directed issue is related to the closing of the acquisition of Strands Group AB announced on 11 January 2021. With the closing of the acquisition, Relais Group Plc paid SEK 40.7 million of the purchase price by issuing a total of 388,851 new Relais Group Plc's shares to be subscribed by the shareholders of Strands Group AB .

After these subscriptions, the number of Relais Group Plc's shares and votes will rise to 17,208,901. These increases were recorded in their entirety in the reserve of invested unrestricted equity.

Relais Group Plc has applied for the listing of its new shares on the Nasdaq First North Growth Market Finland in the same series as the company's existing shares. According to the current estimate, the new shares will be listed on 10 February 2021.

Relais Group Plc

Board of Directors

Additional information:
CEO Arni Ekholm
Email: arni.ekholm@relais.fi
Telephone: +358 40 760 3323

Certified adviser:
Evli Bank Plc
Telephone: +358 40 579 6210

Distribution:
Nasdaq Helsinki Ltd
Financial Supervisory Authority
Main media
www.relais.fi

Relais Group Plc in brief

Relais Group is one of the leading players in the automotive aftermarket in the Nordic and Baltic countries. We are an industrial operator with a sector focus on vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.

We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.

Our net sales amounted to EUR 98.9 (2018: 72.5) million in 2019, and we employed 258 professionals in five different countries. Our share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS.

www.relais.fi