Aktia Bank Plc’s directed share issue as a part of the long-term share savings plan

    Aktia Bank Plc’s directed share issue as a part of the long-term share savings plan 

Aktia Bank Plc        Stock Exchange Release 11 May 2023 at 10.00 a.m.

Aktia Bank Plc’s directed share issue as a part of the long-term share savings plan

As part of the Aktia Group’s employee share savings plan AktiaUna 2022–2023, Aktia Bank Plc has issued a total of 92,793 new shares. The share issue is based on the authorisation by the Annual General Meeting of Shareholders held on 5 April 2023.

Aktia Bank Plc’s share savings plan AktiaUna is open for all employees in the group and a participant is offered the opportunity to save a proportion of his or her salary to be used for acquisition of Aktia shares (so called savings shares). The employee share savings plan is further described in Aktia’s annual and sustainability report.

The new shares are savings shares subscribed for the participants with the participants’ savings accrued during 1 October 2022 – 31 March 2023. Nearly 600 employees participated in the share savings plan during this savings period. The shares have been subscribed for at a price of 8.31 euro per share, which is based on the trade volume weighted average share price on Nasdaq Helsinki Ltd during 1–30 April 2023 with a 10 per cent discount.

The new shares will be entered into the Trade Register approximately on 25 May 2023 and will be applied for public trading on Nasdaq Helsinki Ltd approximately as of 26 May 2023. The number of shares in Aktia after this share issue will increase up to 72,557,865 shares. The share subscription price will be credited in full to the company’s reserve for invested unrestricted equity.

Aktia Bank Plc

Further information:Ari Syrjäläinen, General Counsel, tel. [phone]

Distribution:Nasdaq Helsinki LtdMass mediawww.aktia.com

Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 900 people around Finland. Aktia's assets under management (AuM) on 31 December 2022 amounted to EUR 13.5 billion, and the balance sheet total was EUR 12.4 billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.