Conveyance of Tokmanni Group Corporation’s own shares under share-based incentive program

Tokmanni Group Corporation        Stock exchange release        25 March 2024 at 2:15 pm

A total of 22,935 of Tokmanni Group Corporation's own shares have been conveyed without consideration to the 64 employees participating in the share-based incentive program 2023 under the terms and conditions of the plan. The earned shares will be released from restrictions in January 2026. If the employee’s employment ends before the end of the restriction period, the shares will return to the company.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 22 March 2023.

After the transfer of shares, Tokmanni holds 20,103 own shares as treasury shares.

Further Information, please contact

Tapio Arimo, CFO
tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi

Tokmanni in brief

Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. Around 6,600 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 370 Tokmanni, Dollarstore, Bigdollar, Miny, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In 2023, Tokmanni Group’s revenue was EUR 1,393 million and comparable EBIT amounted to EUR 99 million. The Group's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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