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Tieto Corporation: Managers’ transactions – Solidium, Timo Ahopelto

20 June 2019

Tieto Corporation            MANAGERS’ TRANSACTIONS          20 June 2019 14.00 EET

Person subject to the notification requirement 

Name: Ahopelto, Timo

Position: Member of the Board of Directors

Issuer 

Name: Tieto Corporation

LEI: 549300EW2KM4KROKQV31

Notification type: Initial Notification

Reference number: 549300EW2KM4KROKQV31_20190619161836_7

Transaction date 

19 June 2019

Nature of the transaction 

Acquisition

Instrument 

Type: Share

ISIN: FI0009000277

Transaction details 

Volume: 4 442 500

Unit price: Not yet materialised. Solidium Oy, where Timo Ahopelto acts as a member of Board of Directors, has on 19 June conditionally agreed to purchase 4 442 500 shares of Tieto Corporation from the largest shareholder of EVRY ASA, i.e. Apax Partners LLP, acting through the company Lyngen Holdco S.A.R.L. The sale and purchase contemplated is conditional, among others, upon the completion of the merger of Tieto Corporation and EVRY ASA and includes customary conditions precedent.

If the share sale and purchase is completed, the unit price will be determined based on the share price of Tieto Corporation in public trading as agreed upon by the seller and purchaser.

Aggregated transactions 

Volume: 4 442 500

Volume weighted average price: Not yet materialised

Number of transactions: 1

For further information, please contact: 

Esa Hyttinen, Deputy General Counsel, tel. +358 40 766 6196, esa.hyttinen (at) tieto.com 

TIETO CORPORATION

DISTRIBUTION
NASDAQ Helsinki
Principal Media


Tieto
aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. 

Headquartered in Finland, Tieto has around 15 000 experts in close to 20 countries. Tieto’s turnover is approximately EUR 1.6 billion and shares listed on NASDAQ in Helsinki and Stockholm. 
www.tieto.com 

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