Affecto Oyj - Company Announcement

Affecto has finalized the sale of its Estonian subsidiary

Affecto Plc – Stock Exchange Release, 21 December 2016 at 13:00, Helsinki

Affecto has finalized the sale of its Estonian subsidiary

Further to the announcement of 8 December 2016, Affecto has finalized the
transaction regarding the sale of its subsidiary business in Estonia (Affecto
Estonia OÜ) to the subsidiary’s acting members of staff. The selling price was
approximately EUR 1.8 million. 

Affecto will partner with the entity in Estonia. This will enable joint local
delivery solutions to continue for Affecto’s international customers. 


AFFECTO PLC
Juko Hakala
CEO


For additional information, please contact:

Iikka Lindroos
Deputy CEO
+358 40 8018331
iikka.lindroos@affecto.com

Stig Sandberg
Managing Director, Eastern Europe, South Africa & Delivery
+358 40 5033927
stig-goran.sandberg@affecto.com