Innofactor Oyj - Company Announcement

Innofactor will pay the adjustment payment of Enabling Holding Aps deal partly with new company shares

Innofactor Plc Stock Exchange Release May 28, 2015, at 11:30 Finnish time



On December 13, 2013, Innofactor Plc signed a contract to purchase the entire
share capital of Enabling Holding ApS and its subsidiaries Enabling ApS and
Enabling Sweden AB (together Enabling Group) from the company management. In
accordance with the contract announced on December 13, 2013, the purchase price
depends on Enabling Group's realized EBITDA in 2014. The final purchase price
is approximately EUR 3.8 million of which approximately EUR 2.2 million will be
paid in June 2015. Out of the EUR 2.2 million approximately EUR 1.7 will be
paid in cash and approximately EUR 0.5 million in company shares. 

Innofactor Board of Directors has decided, on the basis of the authorization of
the General Meeting, on a directed share issue of new shares in connection with
the adjustment payment of the deal. Innofactor will issue 500.000 new shares.
The number of Innofactor Plc shares will be 32 653 737 in total when the new
shares issued by the company have been registered in the Trade Register. The
new shares correspond to 1.53 % of the total share number after the share
issue. The new shares will be registered in the Trade Register approximately at
the beginning of June 2015. The trading of the new shares is estimated to begin
in the Helsinki Stock Exchange (NASDAQ OMX Helsinki) in June 2015. All
Innofactor shares used as payment in this transaction are subject to transfer
restrictions which are gradually released by 2017. 



Espoo, May 28, 2015

INNOFACTOR PLC

Sami Ensio, CEO



Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029



Distribution:

NASDAQ OMX Helsinki

Principal media

www.innofactor.com

Innofactor is one of the leading Nordic IT solution providers focused on
Microsoft platforms. Innofactor delivers business critical solutions and
maintenance services as a system integrator and develops its own software
products and services. Innofactor's own product development is focused on
Microsoft's Azure based cloud solutions. Innofactor's customers include about
1,000 private and public sector organizations in Finland, Denmark, Sweden and
elsewhere in Europe. The company has about 400 motivated and skilled employees
in a number of locations in Finland, Denmark, and Sweden. From 2010 to 2014,
Innofactor's annual net sales growth has been 45 percent on average. Leading
Finnish business publication Kauppalehti selected Innofactor as the most
successful company on the Finnish stock exchange in 2013. The Innofactor Plc
share is listed in the technology section of the main list of NASDAQ OMX
Helsinki Oy.