Taaleri Oyj

On June 17, 2024, Taaleri Plc reported a managers' transaction involving Juhani Elomaa, a member of the board and deputy member. The transaction, which occurred on June 14, 2024, involved the transfer of 112,500 shares as a gift, donation, or inheritance, with no monetary exchange (unit price: 0 EUR). The shares have the ISIN code FI4000062195. For further information, Linda Tierala, Head of IR and Communications, can be contacted.

Taaleri Plc reported growth in its continuing earnings and strong net income from investment operations for Q1 2024. The company's continuing earnings rose to €10.3 million, primarily driven by the Private Asset Management segment. Income increased to €17.0 million, and the operating profit margin was 56.2%. The company's renewable energy business continued active fundraising for the Taaleri SolarWind III Fund, aiming to raise €700 million. The new strategy for the real estate business was completed, with a focus on developing new investment products. In the bioindustry business, Taaleri continued to support the investees of the Taaleri Bioindustry I Fund in promoting growth and profitability. Garantia’s insurance service result increased to €4.0 million as expenses decreased. The year 2024 began actively for Taaleri with the promotion of its updated strategy.

Finnish investment and asset management company Taaleri Oyj will publish its Interim Statement for January-March 2024 on 7 May 2024 at 8:00 EEST. On the same day, a conference for analysts, investors, and media will be held in English by CEO Peter Ramsay and CFO Ilkka Laurila at 1:00 pm at Event Venue Eliel in Helsinki. The conference will also be live-streamed and recorded for later viewing. Taaleri specializes in industrial-scale opportunities within bioindustry and renewable energy and manages EUR 2.6 billion in assets.

Taaleri Plc held its Annual General Meeting on April 10, 2024, in Helsinki, where it adopted the financial statements for 2023, approved the Remuneration Policy and Report for Governing Bodies, and granted discharge from liability to board members and the CEO. The meeting decided on a €1.00 per share dividend, to be paid on April 19, 2024, to shareholders registered by April 12, 2024. The board will consist of six members, including two new members, Juhani Bonsdorff and Leif Frilund. Juhani Elomaa was elected as the Chairperson and Hanna Maria Sievinen as the Vice-Chairperson. The meeting also authorized the Board to decide on the repurchase of up to 2,000,000 company shares and to decide on share issues and the issuance of option rights and other special rights entitling to shares. The Board was also authorized to decide on charitable donations up to €50,000. The Audit Committee and the Remuneration Committee were also elected.

On April 8, 2024, Taaleri Plc received a notification that Vakuutusosakeyhtiö Henki-Fennia's indirect ownership of Taaleri Plc shares had fallen below 5% of the company's share capital on April 5, 2024. The share capital of Taaleri Plc consists of 28,350,620 shares, each entitled to one vote at the general meeting of shareholders. On March 27, 2024, Taaleri Plc announced the cancellation of 154,367 of its own shares. However, the registration of this cancellation is still in progress. As a result, as of April 8, 2024, Taaleri Plc's share capital still consists of 28,350,620 shares. Henki-Fennia's total indirect position is 4.99% of shares and voting rights, down from a previous 5.18%.

On April 4, 2024, Taaleri Plc announced a transaction involving its senior manager, Mikko Krootila. According to the initial notification, Krootila acquired 499 shares of Taaleri Plc on March 28, 2024. The transaction took place at XHEL with each share priced at 10.3 EUR.