Tokmanni Group Corporation        Stock exchange release        23 March 2021 at 4:15 pm

A total of 32,168 of Tokmanni Group Corporation's own shares have been conveyed without consideration to the 57 employees participating in the incentive program under the terms and conditions of the plans.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 7 May 2020.

After the transfer of shares, Tokmanni holds 76,583 own shares as treasury shares.

Further Information, please contact

Markku Pirskanen, CFO
tel. +358 20 728 7390, markku.pirskanen(a)tokmanni.fi

Tokmanni in brief

Tokmanni is Finland's leading general discount retailer by number of stores and revenue. In 2020, Tokmanni's revenue totalled EUR 1,073.2 million, and the company had around 3,873 employees on average. Tokmanni is also the only nationwide general discount retailer in Finland, and it has nearly 200 stores around the country.

Distribution

Nasdaq Helsinki
Key Media

https://news.cision.com/tokmanni-group-oyj/r/conveyance-of-tokmanni-group-corporation-s-own-shares-under-share-based-incentive-program,c3312554

(c) 2021 Cision. All rights reserved., source Press Releases - English