Conveyance of own shares of Innofactor Plc

18.12.2015 00:00

Innofactor Plc Stock Exchange Release December 18, 2015, at 17:00 Finnish time

In total 66, 739 shares held by Innofactor Plc have been conveyed today to a key member of corporate management as a part of the compensation. The price for the conveyed shares is approximately 0.75 euro per share. The shares are subject to sale and transfer restriction for 12 months.

The conveyance is based on the decision of the Board of Directors which has been done on the basis of authorization given by the Annual General Meeting on 24 March 2015.

After the disposals on 18 December 2015, the company holds a total of 343 779 own shares.

ESPOO, December 18, 2015

INNOFACTOR PLC

Sami Ensio, CEO

Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel: +358 50 584 2029

Innofactor
Innofactor is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. Innofactor’s own product development is focused on Microsoft’s Windows Azure-based cloud solutions. Innofactor's customers include approximately 1,000 private and public sector organizations in Finland, Denmark, Sweden, and elsewhere in Europe. The company has over 400 motivated and skilled employees in several locations in Finland, Denmark and Sweden. From 2010 to 2014, Innofactor's annual net sales growth has been 45% on average. Microsoft has named Innofactor Plc as the Finnish Partner of the Year in 2015. Innofactor was also selected into the Microsoft’s international finals in two categories. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy. www.innofactor.com