Trading in Evli Bank Plc’s shares has been suspended
EVLI BANK PLC STOCK EXCHANGE RELEASE 1.4.2022 AT 4.15 pm (EET / ESTONIA)
Trading in Evli Bank Plc’s shares was suspended on Nasdaq Helsinki today, April 1, 2022. Trading will be suspended for the remainder of the day. Trading will begin on April 4, 2022.
In the company’s view, the share price has not correctly reflected the acquisition announced on March 25, 2022, in which Evli Bank Plc will be partially divided into a new asset management group, Evli Corporation, which will be listed and a company that will be listed. will continue Evli Bank’s banking services and into which Fellow Finance Plc will merge and will become Fellow Bank Plc.
Evli Bank Plc’s share entitles to Fellow Bank Plc’s shares in the transactions carried out between 31 March and 1 April 2022, but not to Evli Plc’s shares received in return.
More information:
Juho Mikola, CFO, Evli Bank Plc, tel. +358 40 717 8888, [email protected]
Evli Bank in brief
Evli Bank is an investment bank that helps institutions, companies and individuals increase their wealth. The product and service offering includes mutual funds, asset management and capital market services, alternative investment products, stock research, design and administration of incentive schemes, and corporate finance services. The company also offers banking services that support customers’ investment activities. Evli Bank has been classified as the best * and most used ** institutional asset manager in Finland. Evli also has the best responsible investment expertise in Finland. ***
Evli Bank has a total of EUR 17.5 billion in assets under management (net 12/2021). Evli Bank Group’s equity, excluding the dividend liability under IFRIC 17, is EUR 118.1 million and its BIS capital adequacy ratio is 15.4 percent (December 31, 2021). The company has about 290 employees. Evli Bank’s B shares are listed on Nasdaq Helsinki Oy.
* Kantar Prospera External Asset Management Finland 2015, 2016, 2017, 2018, 2019, 2021, Kantar Prospera Private Banking 2019, 2020 Finland ** Kantar Prospera External Asset Management Finland 2017, 2020, FR 2020,2018,2018 Research Institute Investment Services 2021
Distribution: Nasdaq Helsinki, major media, www.evli.com