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Correction: Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors – change in company’s treasury shares

Written by Customer Service on . Posted in Public Companies.

Correction: Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors – change in company’s treasury shares

Verkkokauppa.com Oyj                 STOCK EXCHANGE RELEASE         22 July 2024 at 18:30 EEST

The stock exchange release Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors – change in company’s treasury shares, published on 19 July 2024 at 10.30 am, incorrectly stated the number of own shares held by the company after the transfer. The correct number is 104,273.

The corrected stock exchange release in its entirety can be found below.

Based on the decision of the Annual General Meeting held on 4 April 2024, Verkkokauppa.com Oyj has today transferred a total of 15,014 treasury shares held by the company to certain members of the Board of Directors as part of the annual fees of the Board of Directors. The payable amount of annual remuneration was paid fully in cash to Samuli Seppälä.

According to the decision of the Annual General Meeting as a rule 50 percent of the annual Board fees will be paid in Verkkokauppa.com Oyj shares either purchased from the market or alternatively by using treasury shares held by the company.

After the transfer of the shares, Verkkokauppa.com Oyj holds 104,273 treasury shares. The resolutions of the Annual General Meeting were announced in a stock exchange release on 4 April 2024.

For more information, please contact:

Marja Mäkinen, Head of Investor Relations and Corporate Communications
Verkkokauppa.com Oyj
marja.makinen@verkkokauppa.com
Tel. +358 40 671 2999

Distribution:
Nasdaq Helsinki
Main media
www.verkkokauppa.com

Verkkokauppa.com is an e-commerce pioneer that stands passionately on the customer’s side. Verkkokauppa.com accelerates the transition of commerce to online with Finland’s fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to almost 700,000 customers, a winning assortment and probably always cheaper prices. Everyday, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning.

Verkkokauppa.com was founded in 1992 and has been online since day one. The company’s revenue in 2023 was EUR 503 million and it employs around 700 people. Verkkokauppa.com is listed on the Nasdaq Helsinki stock exchange.

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