Investors

Glaston has one class of shares and each share that is not owned by the company entitles its holder to one vote at the Annual General Meeting and to an equal amount of dividend. The Glaston share does not hold nominal value. The company’s shares are registered in the book-entry system.

The table summarizes Glaston’s share capital and changes that have occurred since 2001.

Authorisation to the Board of Directors to decide on the repurchase as well as on the acceptance as pledge of the company’s own shares
The General Meeting on 13 April 2021, authorised the Board of Directors to decide on the repurchase as well as on the acceptance as pledge of the Company’s own shares in one or several tranches as follows.

The number of own shares to be repurchased or accepted as pledge shall not exceed 8,000,000 shares, which corresponds to approximately 10 per cent of all registered shares in the Company, subject to the provisions of the Finnish Companies’ Act on the maximum amount of shares owned by or pledged to the company or its subsidiaries. Only the unrestricted equity of the Company can be used to repurchase own shares on the basis of the authorisation.

Own shares can be repurchased at a price formed in public trading on the date of the repurchase or at a price otherwise formed on the market.

The Board of Directors decides how own shares will be repurchased or accepted as pledge. Own shares can be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase).

The authorisation is effective until 30 June 2022 and it revokes corresponding earlier authorisations.

Authorisation to the Board of Directors to decide on the issuance of shares as well as the issuance of options and other rights entitling to shares
The General Meeting on 13 April 2021 authorised the Board of Directors to resolve on one or more issuances of shares which contain the right to issue new shares or dispose of the shares in the possession of the Company and to issue options or other rights entitling to shares pursuant to Chapter 10 of the Finnish Companies Act. The authorisation consists of up to 8,000,000 shares in the aggregate representing approximately 10 per cent of the current number of shares in the Company.

The authorisation does not exclude the Board of Directors’ right to decide on a directed issue of shares. The authorisation can be used for material arrangements from the Company’s point of view, such as financing or implementing business arrangements or investments or for other such purposes determined by the Board of Directors in which case a weighty financial reason for issuing shares, options or other rights and possibly directing a share issue would exist.

The Board of Directors was authorised to resolve on all terms and conditions of the issuance of shares, options and other rights entitling to shares as referred to in Chapter 10 of the Companies Act, including the payment period, grounds for the determination of the subscription price and subscription price or allocation of shares, option or other rights free of charge or that the subscription price may be paid besides in cash also by other assets either partially or entirely (contribution in kind).

The authorisation is effective until 30 June 2022 and it revokes corresponding earlier authorisations.

According to our information the analysts listed below prepare investment analyses on Glaston. The analysts do so on their own initiative. Glaston takes no responsibility for the opinions expressed by analysts.

Inderes Oy
Erkki Vesola
+358 50 5495512
erkki.vesola[at]inderes.fi

Danske Bank
Panu Laitinmäki
+358 10 236 4867
panu.laitinmaki(at)danskebank.com

Glaston Corporation Managers and their closely associated persons referred to in the Market Abuse Regulation ((EU) No 596/2014, ”MAR”) are requested to follow the below instructions for notifying transactions as of 3 July 2016:

Glaston Corporation recommends Managers and their closely associated persons to give their notification promptly to Glaston and the FIN-FSA and at the latest within three (3) business days after the transaction.

INSTRUCTIONS FOR FILLING THE TRANSACTION NOTIFICATION FORM

1. Fill in the form

• The form is available here
• Details for the form

2. Send the form you have filled in as email attachment to Glaston and FIN-FSA as soon as possible.

• Do not send the form by post due to short notification timetable three (3) working days.
• Sending to the Financial Supervisory Authority:
  • Go to https://securemail.bof.fi
  • Send the form as a secured e-mail to johdonkaupat@finanssivalvonta.fi
• Sending to Glaston Corporation:
  • Send the form as an email attachment to trading(at)glaston.net
  • Please also add your phone number to the email message so that we can contact you if Glaston has questions about the notification.
  • In case of any problems, please contact agneta.selroos(at)glaston.net or taina.tirkkonen(at)glaston.net.

Glaston will publish the notification as a stock exchange release without delay after the notification has been received.

More information on the regulation of transactions made by the Managers and their closely associated persons is available on FSA web pages.