Efecte Plc: Share subscriptions with options

EFECTE PLC — COMPANY ANNOUNCEMENT — 28 November 2019 at 10:00 amEfecte Plc: Share subscriptions with optionsA total of 4,500 shares of Efecte Plc have been subscribed for with 2015 stock options. The shares have been registered into the trade register on 28 November 2019, as of which date the new shares will carry equal shareholder rights with the company’s existing shares. Public trading begins on Nasdaq First North marketplace operated by Nasdaq Helsinki Ltd as of 29 November 2019 together with the existing shares.The entire subscription price of 7,500.00 euro will be recorded in the reserve of invested non-restricted equity, and the company’s share capital remains unchanged. The shares have no nominal value.After the subscriptions, the number of Efecte’s shares will rise to 5,957,488 shares.Additional information on the option programs are available on Efecte’s website at www.efecte.com

Further inquiries:Taru Mäkinen
Interim CFO
Efecte Plc
+358 40 507 1085
Certified Adviser:
Evli Bank Plc, tel +358 40 579 6210
 Efecte PlcEfecte is a Finnish software company offering cloud-based Service Management solutions and related supportive professional services. With Efecte’s software, organizations can flexibly manage all internal and external services, for example, an IT, HR or finance department’s services, customer service and access rights. Efecte is one of the leading software vendors in its field for medium-sized and public organizations in Finland and the Nordic countries. The company was established in 1998 and is listed on the Nasdaq First North Growth Market Finland marketplace. Efecte operates in Finland, Sweden, Germany, and Denmark. www.efecte.com