Etteplan Oyj - Company Announcement

ETTEPLAN OYJ: DIRECTED SHARE ISSUE

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, MARCH 15, 2016 AT 10.10


ETTEPLAN OYJ: DIRECTED SHARE ISSUE

Etteplan Oyj has decided to transfer a total of 221,365 treasury shares to the
key private owners of Espotel Oy and Soikea Solutions Oy. The directed
conditional share issue is related to the transactions announced today March
15, 2016 where Etteplan Oyj acquires the total share capital of Espotel Oy and
Soikea Solutions Oy. The shares will be transferred as part of the acquisition
price of the transactions. 

The transfer is conditional on the completion of the acquisitions which is
expected to be realized by April 4, 2016. The price for the transferred
treasury shares is EUR 4.51 per share and approximately EUR 998,356 in total. A
three-year (3) lock-up period is associated with the share transfer. 

The directed share issue is based on a Board resolution adopted by virtue of
the authorization granted by the Annual General Meeting on March 26, 2014.
Etteplan will announce the impact of the share transfer on the total amount of
its treasury shares and on the Board of Directors’ remaining share issue
authorization in accordance with the execution of the share transfer. 

Etteplan Oyj

Board of Directors

Additional information:

Juha Näkki, President and CEO, tel. 0400 606 372
Outi-Maria Liedes, SVP, HR, Communications & Operational Development, tel. 040
756 9620 


Etteplan provides engineering and technical documentation services to the
world’s leading companies in the manufacturing industry. Our services are
geared to improve the competitiveness of our customers’ products and
engineering processes throughout the product life cycle. The results of
Etteplan’s innovative engineering can be seen in numerous industrial solutions
and everyday products. 

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about
2,100 professionals in Finland, Sweden, the Netherlands; Germany and China.
Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V ticker. 

DISTRIBUTION:

Nasdaq Helsinki
Major media
www.etteplan.com