SCANFIL PLC STOCK EXCHANGE RELEASE 8 MAY 2020 9:50 A.M.
SHARE SUBSCRIPTIONS BASED ON SCANFIL PLC’S STOCK OPTIONS 2016(A)
On 4 and 5 May 2020, a total of 130,000 Scanfil Plc’s (the “Company” or “Scanfil”) new shares have been subscribed for with the Company’s stock options 2016(A). The entire subscription price for subscriptions made with the stock options 2016(A) of EUR 439,400 will be entered in the Company’s reserve for invested unrestricted equity.
The shares subscribed for under the stock options have been registered in the Trade Register today on 8 May 2020, as of which date the new shares will establish shareholder rights. As a result of registering the new shares, the number of Scanfil shares is 64,829,993 in total. The new shares will be traded on the main list of the Nasdaq Helsinki Ltd on or about 11 May 2020.
Additional information on stock options is available on the Company’s website www.scanfil.com/investors.
CEO Petteri Jokitalo
Tel +358 8 4882 111
Distribution Nasdaq Helsinki Ltd
Scanfil is an international contract manufacturer and system supplier for the electronics industry with 40 years of experience in demanding contract manufacturing. Scanfil provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement and logistics solutions. Vertically integrated production and a comprehensive supply chain are the foundation of Scanfil’s competitive advantages: speed, flexibility and reliability.
Typical Scanfil products include mobile and communications network devices, automation system modules, frequency converters, lift control systems, analysers, various slot and vending machines, and devices related to medical technology and meteorology. Scanfil services are used by numerous international automation, energy, IT and health service providers, as well as companies operating in the field of urbanisation. Scanfil’s network of factories consists of 11 production units in Europe, Asia and North America. The total number of employees is about 3,500.