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SATO Corporation – Managers’ Transactions 

Written by Customer Service on . Posted in Public Companies.

SATO Corporation, Managers’ transactions, 22nd July 2020 at 2:30 pm

Person subject to the notification requirementName: Balder Finska Otas ABPosition: Closely associated person(X) Legal person(1):Person Discharging Managerial Responsibilities In IssuerName: Selin, ErikPosition: Member of the BoardIssuer: SATO OyjLEI: 7437009ELUGUOA45V564Notification type: INITIAL NOTIFICATIONReference number: 7437009ELUGUOA45V564_20200722091217_11____________________________________________Transaction date: 2020-07-21Venue not applicableInstrument type: SHAREISIN: FI0009011688Nature of the transaction: ACQUISITIONTransaction details(1): Volume: 54,000 Unit price: 39.00 EURAggregated transactions(1): Volume: 54,000 Volume weighted average price: 39.00 EURFor additional information, please contact:SATO Corporation
Katri Innanen, Vice President, General Counsel
p. +358 201 34 4014 and +358 400 678 898www.sato.fiSATO is one of Finland’s leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2019, SATO owned over 26 000 apartments in Finland’s largest growth centres and in St Petersburg.We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.SATO Group’s net sales in 2019 were EUR 296 million, operating profit EUR 726 million and profit before taxes EUR 671 million. The value of SATO’s investment assets is roughly EUR 4,7 billion.

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