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Efecte Plc: Change in the number of treasury shares

EFECTE PLC -- COMPANY ANNOUNCEMENT -- 11 May 2021 at 17:00

Efecte Plc: Change in the number of treasury shares

Efecte has today conveyed 3 585 treasury shares to the members of the Efecte's Board of Directors as a part of the Board members' annual remuneration in accordance with the decision of the Annual General Meeting on 23 March 2021. The amount of shares is based on the monthly remuneration decided by the Annual General Meeting and the average share price between 30 April and 6 May 2021.

Following the transaction, Efecte holds 16 404 treasury shares.

Further inquiries:

Taru Mäkinen
CFO
Efecte Plc
taru.makinen@efecte.com
+358 40 507 1085

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Evli Bank Plc, tel +358 40 579 6210

Efecte Plc

Efecte helps service organizations digitalize and automate their work. Customers across Europe leverage our cloud service to operate with greater agility, to improve the experience of end-users, and to save costs. The use cases for our solutions range from IT service management and ticketing to improving employee experiences, business workflows, and customer service. We are the European Alternative to global players in our space. Our headquarters is located in Finland and we have regional hubs in Germany and Sweden. Efecte is listed on the Nasdaq First North Growth Market Finland marketplace.

www.efecte.com