2015-08-25 07:30:00 CEST

2015-08-25 07:30:03 CEST


REGULATED INFORMATION

Finnish English
Innofactor Oyj - Company Announcement

Innofactor Plc starts acquisition of own shares


Innofactor Plc                Stock Exchange Release August 25, 2015, at 8:30
Finnish time 

At its meeting on August 24, 2015, the Board of Directors of Innofactor Plc
decided to start the acquisition of its own shares. A maximum of 800,000 shares
will be acquired equaling approximately 2.45 % of the total amount of the
company's shares. The decision is based on the authorization given to the Board
by the Annual General Meeting on March 24, 2015 to acquire a maximum of
8,000,000 shares. The acquisition of own shares will start at the earliest on
September 1, 2015 and will end on June 30, 2016 at the latest. 

The shares may be used to develop the capital structure, to widen the ownership
base, in making a payment for an acquisition, or when the company buys property
related to its business operations or as part of the incentive compensation
plan, or to be otherwise invalidated or conveyed. 

The shares will be acquired by using company's unrestricted equity shares at
the prevailing market price on the NASDAQ OMX Helsinki Ltd in public trading in
accordance with the NASDAQ OMX Helsinki Ltd and Euroclear's regulations and
guidelines for acquisition of own shares. 



INNOFACTOR PLC

Board of Directors


Further information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:

NASDAQ OMX Helsinki
Main media
www.innofactor.com

About Innofactor Plc

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. Innofactor
recognized as winner for 2015 Microsoft Finland Partner of the Year and
finalist for two global Public Sector categories. The Innofactor Plc is listed
in the technology section of the main list of NASDAQ OMX Helsinki.