Enedo Plc Stock Exchange Release April 12, 2022 at 18:00 p.m.

Update of time schedule on Annual General Meeting in 2022

The Annual General Meeting of Enedo will move forward. The Annual General Meeting was planned to be held on May 3, 2022. The notice to convene the Annual General Meeting will be given later by the Board of Directors as soon as the new date has been decided.

ENEDO PLC

Mikael Fryklund                                 
President and CEO

Enedo Plc's Annual Report, Corporate Governance Statement and Remuneration Statement 2021 published

ENEDO PLC Stock exchange release 7 April 2022 at 16:00

Enedo Plc's Annual Report, Corporate Governance Statement and Remuneration Statement 2021 published.

Enedo Plc’s Financial Statements have been published under the European Single Electronic Format (ESEF) reporting requirements as XHTML file. The primary statements have been labelled with XBRL tags.

Enedo published its H2 report on Friday. 2021 was a difficult year for the company, but the already completed and upcoming measures under the turnaround program should lay the foundations for a better tomorrow. However, the share price contains too much of this better tomorrow, and risks related to the turnaround aren’t sufficiently taken into account. 

The new year is especially important for Enedo because the end of the turnaround program is in sight and at the same time various external challenges are easing up. Together, these factors should provide first indications of the underlying longer-term potential. However, the share price contains too much of this potential, and risks related to the turnaround are not considered sufficiently.