Boreo Plc – Managers’ transactions – Preato Capital AB
Boreo Plc – Managers’ transactions – Preato Capital AB
Boreo Plc Managers’ Transactions 29 December 2023 at 12:00 EET
____________________________________________
Person subject to the notification requirement
Name: Preato Capital AB
Position: Closely associated person
(X) Legal person
(1): Person Discharging Managerial Responsibilities In Issuer
Name: Simon Hallqvist
Position: Member of the Board
Issuer: Boreo Oyj
LEI: 743700OD4QRWKZ4ODC98
Notification type: INITIAL NOTIFICATION
Reference number: 47099/5/4
____________________________________________
Transaction date: 2023-12-27
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009900724
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 100 Unit price: 26.7 EUR
(2): Volume: 60 Unit price: 26.6 EUR
(3): Volume: 30 Unit price: 26.2 EUR
(4): Volume: 26 Unit price: 26.5 EUR
(5): Volume: 4 Unit price: 26.4 EUR
(6): Volume: 2 Unit price: 26.4 EUR
(7): Volume: 4 Unit price: 26.5 EUR
(8): Volume: 4 Unit price: 26.5 EUR
(9): Volume: 49 Unit price: 26.4 EUR
(10): Volume: 1 Unit price: 26.4 EUR
Aggregated transactions (10):
Volume: 280 Volume weighted average price: 26.54071 EUR
Further information:
Aku Rumpunen
CFO
mobile +358 40 556 3546
Distribution:
NASDAQ Helsinki Ltd
Principal media
Boreo in brief:
Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into three business areas: Electronics, Technical Trade and Heavy Machines.
Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.
The Group's net sales in 2022 were EUR 160 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.