Suomen Hoivatilat Oyj - Changes board/management/auditors

Suomen Hoivatilat Oyj: Change to Hoivatilat executive team

Suomen Hoivatilat Oyj
Stock exchange release 8 November 2017, 8:00 am

Change to Hoivatilat executive team

On 8 November, the Board of Hoivatilat appointed Riku Patokoski, architect
(SAFA), as a member of the company's executive team, the company's deputy
managing director and the director of the southern Finland region.

Riku has strong knowledge of the market in the southern Finland, as well as
competence in land use planning and concept creation. Earlier, Riku has worked
at Peab and Skanska, among other companies, in responsible management positions.
He will start his work at Hoivatilat in January 2018.

"Riku will perfectly supplement our executive team through both his education
and work experience. He has been in a central role, for instance, in the launch
of the BoKlok living concept in Finland. At the same time, we will get
international experience and strategic skills for our company", says CEO Jussi
Karjula.


In Oulu on 8/11/2017

Suomen Hoivatilat


Further information:

Jussi Karjula, CEO, tel. +358 40 773 4054

Suomen Hoivatilat in brief:
Suomen Hoivatilat specialises in producing, developing, owning and leasing out
daycare centre and nursing home premises and service blocks. Hoivatilat was
established in 2008 and cooperates with around 50 Finnish municipalities. It has
started over 100 real estate projects throughout Finland. The company was listed
on Nasdaq OMX Helsinki on 1 March 2017.


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