Core Viewpoint - Luotea Plc has transferred shares to its Board of Directors as part of their remuneration, reflecting the company's governance practices and commitment to aligning interests with shareholders [2][3]. Group 1: Share Transfer Details - A total of 5,943 shares were transferred to the Board members, effective from their term commencement on 31 December 2025 [2]. - The share transfer price was set at EUR 2.40, based on the volume-weighted average quotation on 12 March 2026 [3]. - Following the transfer, Luotea retains 560,960 of its own shares [3]. Group 2: Company Overview - Luotea Plc is a real estate service company operating in Finland and Sweden, providing comprehensive property lifecycle solutions [3][4]. - In 2025, Luotea reported a revenue of €346 million and employed approximately 5,000 people [4]. - The company is listed on Nasdaq Helsinki, indicating its presence in the public market [4].
Transfer of Luotea Plc’s own shares
Globenewswire·2026-03-17 17:00