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
Name: Tieto Corporation
Notification type: Initial Notification
Reference number: 549300EW2KM4KROKQV31_20190619161836_7
19 June 2019
Nature of the transaction
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.
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 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.