Toivo Group Oyj - Managers' Transactions – Lauri Rekola
Toivo Group Oyj - Managers' Transactions - 24 March 2023 at 5 p.m.
____________________________________________
Person subject to the notification requirement
Name: LR Capital
Position: Member of the Board/Deputy member
(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer
Name: Lauri Rekola
Position: Other senior manager
Issuer: Toivo Group Oyj
LEI: 743700N31WYJDNPT8M98
Notification type: INITIAL NOTIFICATION
Reference number: 32240/5/15
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Transaction date: 2023-05-22
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000496716
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 13000 Unit price: 1.11 EUR
(2): Volume: 13000 Unit price: 1.1 EUR
Aggregated transactions (2):
Volume: 26000 Volume weighted average price: 1.105 EUR
____________________________________________
Transaction date: 2023-05-23
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000496716
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 12000 Unit price: 1.1 EUR
(2): Volume: 13000 Unit price: 1.08 EUR
Aggregated transactions (2):
Volume: 25000 Volume weighted average price: 1.0896 EUR
Further information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 (0)40 847 6206
[email protected]
About Toivo
Toivo is a Finnish real estate company that was founded in 2015. Its business consists of developing apartment lots, constructing housing and ownership of apartments. The Company’s business model is unique as Toivo’s business combines the value chain of real estate business from development and construction to ownership, management and rental of a completed property. Toivo manages the entire life cycle of residential real estate with its own team, from raw land development to renting apartments. This way Toivo is able to generate additional value to its customers, shareholders and stakeholders.
Toivo’s strategy is to develop apartments in accordance with the Toivo concept. The apartments aim for a strong development margin and a stable and attractive return, and this way enable long-term ownership and the generation of higher additional value to Toivo’s customers. Toivo has a knowledgeable and experienced team of experts with strong merits in the real estate business. The members of Toivo’s team have been involved in the development and construction of over 17,000 apartments, and they have an average of ten years of experience.
Toivo’s revenue in 2022 was EUR 20.3 million and its operating profit was EUR 15.6 million.
