Tokmanni Group Oyj

Tokmanni Group Corporation has reported a managerial transaction involving Takoa Invest Oy, a legal entity closely associated with Seppo Saastamoinen, a member of Tokmanni's Board. The initial notification, reference number 65659/5/6, details an acquisition of 19,000 shares at a unit price of 13.4555 EUR, conducted on 7 June 2024 at NASDAQ Helsinki. For further information, contact Maarit Mikkonen, Head of IR and Communications at Tokmanni. Tokmanni Group is a leading variety discount retailer in the Nordics, operating over 370 stores and generating a revenue of EUR 1,393 million in 2023. The Group's shares are listed on Nasdaq Helsinki.

On June 6, 2024, Tokmanni Group Corporation reported a managerial transaction involving Takoa Invest Oy, a legal entity closely associated with Seppo Saastamoinen, a member of the Board. The transaction, which took place on June 5, 2024, involved the acquisition of shares on the CEUX venue, with various volumes and unit prices, totaling 184 shares at a volume-weighted average price of 13.41772 EUR. For further details, contact Maarit Mikkonen, Head of IR and Communications. Tokmanni Group is a leading variety discount retailer in the Nordics, operating over 370 stores with a 2023 revenue of EUR 1,393 million. The Group's shares are listed on Nasdaq Helsinki.

Tokmanni Group Corporation released its Q1 2024 business review, revealing a 42.4% growth in revenue to €339.2m ($408m), primarily attributed to the acquisition of Dollarstore in August 2023. The company's comparable EBIT is expected to be €110-130m ($132-156m) with a revenue of €1,660-1,760m ($1,998-2,117m). The integration of Tokmanni and Dollarstore is progressing as planned, with a focus on the consolidation of purchases at the group level. The company aims to achieve annual synergies of over €15m ($18m) by the end of 2025, with €6.7m ($8m) already achieved by the end of March.

Tokmanni Group Corporation has published its Board of Directors Report and Financial Statements for 2023, which includes non-financial information and is also available in Finnish. The financial statements follow the European Single Electronic Format (ESEF) and are tagged with XBRL labels. Audit firm PricewaterhouseCoopers Oy has provided an assurance report on the ESEF Financial Statements. Tokmanni has also released its Corporate Governance Statement and Remuneration Report for 2023. The reports are available on Tokmanni's website. In 2023, Tokmanni's revenue was EUR 1,393 million and comparable EBIT was EUR 99 million.

On April 8, 2024, Tokmanni Group Oyj's Chief Financial Officer, Tapio Arimo, received a share-based incentive of 1,491 shares at no cost as per a notification requirement. The transaction took place on NASDAQ Helsinki Ltd. Further information can be obtained from Maarit Mikkonen, Head of IR and Communications at Tokmanni. The Tokmanni Group is a leading variety discount retailer in the Nordics, with more than 370 stores across Finland, Sweden, and Denmark. The company reported a revenue of EUR 1,393 million and a comparable EBIT of EUR 99 million in 2023.