Etteplan Oyj - Company Announcement

ETTEPLAN OYJ TO REPURCHASE ITS OWN SHARES

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, 21 JUNE, 2016 AT 4.30 PM


ETTEPLAN OYJ TO REPURCHASE ITS OWN SHARES

Etteplan Oyj's Board of Directors has in its meeting on June 21, 2016 decided
to initiate a share repurchase program of own shares in accordance with the
authorization given to it at the Annual General Meeting on April 5, 2016. The
number of repurchased shares will not exceed 100.000 shares and number of
voting rights. 

Shares will be repurchased in public trading on the Nasdaq Helsinki Ltd for the
market price quoted at the time of the repurchase, as provided by the
regulations on public trading of shares. 

The repurchased shares are used for carrying out Company's incentive plan for
its key personnel. The repurchased shares may be retained by the Company,
invalidated or transferred further. 

Due to the low average trading liquidity of the company's shares, the Board of
Directors has decided, as per Article 5 clause 3 in EU Commission Regulation No
2273/2003 to deviate from the procedures referred to in the Article 5 clause 2
in such way that acquisition of the company's own shares may lead to a
situation where the volume being acquired exceeds 25% of the average daily
trading volume, but even in such cases, the deviation must not exceed 50% of
the average daily trading volume. As of July 3rd, 2016, share repurchase
program will comply with the Finnish Financial Supervisory Authorities’
guideline regarding the EU Parliament and Council regulation (EU) N:o 596/2014. 

Vantaa, 21 June, 2016

Etteplan Oyj

Board of Directors

Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372


DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com


Etteplan’s services cover engineering, technical documentation, embedded
systems and IoT solutions. Our customers are 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
2,500 professionals in Finland, Sweden, the Netherlands, Germany, Poland and
China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V
ticker.