Nurminen Logistics Plc has completed the Vuosaari terminal property arrangement and the new shares subscribed in the directed share issue have been registered with the Finnish Trade Register

NURMINEN LOGISTICS PLC                                                                        STOCK EXCHANGE RELEASE  31 December 2020 at 1.00 pm
 

Nurminen Logistics Plc (the ”Company”) has today, on 31 December 2020, completed the property arrangement, in which the Company has acquired a majority share in the real estate company that owns the terminal property in Vuosaari, Helsinki, from Ilmarinen Mutual Pension Insurance Company (the “Transaction”). The Company announced the intent as well as the rationale of Transaction in a stock exchange release published by the Company on 12 November 2020.  

In order to finance the Transaction, the Board of Directors of the Company resolved on 7 December 2020 on a directed share issue amounting to approximately EUR 9.3 million in total to certain domestic investors (the “Directed Offering”). The Company announced on 16 December 2020 that the Board of Directors of the Company had approved the subscriptions made by the investors in the Directed Offering. In the aggregate, the investors subscribed for 29,344,954 new shares issued by the Company (the “New Shares”). 

A total of 29,344,954 New Shares of the Company have today, on 31 December 2020, been registered with the Finnish Trade Register. Following the registration of the New Shares, the total number of issued shares in the Company is 74,212,667. The New Shares are intended to be admitted to trading on the official list of Nasdaq Helsinki Ltd. on or about March 2021. 

Further enquiries 

Olli Pohjanvirta, Chair of the Board and CEO, Nurminen Logistics Plc, tel. +358 40 900 6977, olli.pohjanvirta@nurminenlogistics.com 

Distribution 

Nasdaq Helsinki Oy 

Pricipal media 

www.nurminenlogistics.com