2020-05-20 17:30:00 CEST

2020-05-20 17:30:10 CEST


REGULATED INFORMATION

English
Wulff-Yhtiöt Oyj - Other information disclosed according to the rules of the Exchange

Wulff Group Plc starts to buy back its own shares


STOCK EXCHANGE RELEASE  20.5.2020 AT 5.30 P.M.


The Board of Directors of Wulff Group Plc has decided to start buy back its own
shares in accordance with the authorization granted by the Annual General
Meeting on April 23, 2020. The shares to be acquired are intended to be used to
finance acquisitions and other arrangements according to the company´s growth
strategy.

The maximum number of shares to be repurchased is 70,000, which corresponds to
approximately 1.01% of the total number of Wulff Group Plc shares. The shares
will be acquired through public trading on NASDAQ OMX Helsinki, at the market
price quoted at the time of the repurchase, in accordance with the rules
regarding the acquisition of company's owns shares. The acquisition of own
shares will begin no earlier than May 25, 2020 and end no later than June 26,
2020.

The Annual General Meeting held on April 23, 2020, authorized the Board of
Directors to decide on the repurchase of a maximum of 300,000 own shares in one
or more tranches. The acquisition of own shares may be for use by the company to
carry out acquisitions or other arrangements related to the company's business,
to improve the company's financial structure, as part of the implementation of
the company's incentive plan or otherwise for further transfer or cancellation.
The authorization is valid until April 30, 2021.

A maximum of EUR 100,000 can be used to repurchase the company's own shares. The
company's own shares are repurchased other than in proportion to the shares
owned by the shareholders with the company's free equity. Wulff Group Plc has a
total of 6,907,628 shares. Wulff Group Plc currently owns 79,000 shares.

In Espoo on May 20, 2020

WULFF GROUP PLC
BOARD OF DIRECTORS

Further information:

CEO Elina Pienimäki

tel. +358 40 647 1444

e-mail: elina.pienimaki@wulff.fi

DISTRIBUTION

NASDAQ OMX Helsinki Oy

Key media

www.wulff.fi/en/

A better world – one workplace at a time. Wulff’s goal is a perfect workday! We
enable better working environments and create workplaces, wherever you are. More
comfortable, healthier, safer, more enjoyable, more active and more diverse? How
do you want to better you workday and working environment? Wulff has the
solution. We offer our customers office supplies, facility management products,
catering solutions, IT supplies, ergonomics, first aid, air purifiers, and
innovative products for worksites. Customers can also acquire international
exhibition services from Wulff. In addition to Finland, Wulff operates in
Sweden, Norway, and Denmark. Check out our products and services at wulff.fi.



05208652.pdf